Gold Trading Strategy For 24th January 2025

Gold Trading Strategy
Buy Strategy:
Condition: Wait for the 15-minute candle to close above 2760.
Trigger: Buy when the price moves above the high of the 15-minute candle that closed above 2760.
Targets: 2773, 2779, 2785

Stop-Loss:
Set a stop-loss order below the low of the 15-minute candle that closed above 2760 to limit potential losses.

Sell Strategy:
Condition: Wait for the 15-minute candle to close below 2747.
Trigger: Sell when the price moves below the low of the 15-minute candle that closed below 2747.
Targets: 2740, 2735, 2729

Stop-Loss:
Set a stop-loss order above the high of the 15-minute candle that closed below 2747 to limit potential losses.

Disclaimer:
This analysis is based on historical data and market trends. Past performance is not indicative of future results. Trading and investment involve risks, and you should conduct your own research or consult with a financial advisor before making any decisions.