Gold Trading Strategy for 16th July 2025

📈 GOLD (XAU/USD) INTRADAY TRADE SETUP – JULY 16, 2025
🟢 BUY SETUP – BULLISH BREAKOUT
🔹 Entry:
Buy only if 1-Hour Candle closes above 3344

🔹 Confirmation:
Wait for a strong bullish 1H candle close (with volume if possible).

🎯 Targets:

Target 1: 3350 🥇

Target 2: 3363 🥈

Target 3: 3374 🥉

🛡️ Stop Loss:
Below 3330 or the candle low that breaks above 3344.

⚠️ Tip: Avoid buying near resistance without a proper breakout candle. Look for a retest for safer entry.

🔴 SELL SETUP – BEARISH BREAKDOWN
🔹 Entry:
Sell only if 15-Minute Candle closes below 3311

🔹 Confirmation:
Ensure strong bearish momentum and clean breakdown below 3311.

🎯 Targets:

Target 1: 3300 🚩

Target 2: 3290 🚩

Target 3: 3278 🚩

🛡️ Stop Loss:
Above 3320 or high of the breakdown candle.

⚠️ Tip: Best results come during high-volume periods like NY session.

📌 TRADE MANAGEMENT TIPS
⚖️ Use proper position sizing (1-2% of capital per trade).

⏰ Stick to key market hours for execution (London/US overlap).

📊 Use TradingView for precise candle close tracking.

🧘 Don’t chase the trade if entry level is missed. Wait for the next signal.

⚠️ DISCLAIMER
📉 Trading in commodities like Gold (XAU/USD) involves significant risk. The above setup is for educational and informational purposes only.

💼 Past performance is not indicative of future results. Always consult with a certified financial advisor before making any trading decisions.

❌ We are not liable for any loss or damage arising from reliance on this setup.