*Gold Trade Plan Analysis & Recommendations*
*Entry Point:* 2912
*Stop Loss (SL):* 2894 (180 points risk)
*Targets (TP):*
1. TP1: 2920 (+80 points)
2. TP2: 2930 (+180 points)
3. TP3: 2952 (+400 points)
---
### *Key Considerations & Adjustments*
1. *Risk-Reward Ratios:*
- *TP1:* 8:18 = *1:2.25* (Low reward for risk).
- *Overall Potential (Scaled):* If splitting the position into thirds, average reward = ~22 points vs. 18 risk = *~1.22:1*.
- *Suggestion:* Allocate more to later targets (e.g., 50% at TP1, 30% at TP2, 20% at TP3) to improve risk-reward.
2. *Stop Loss Management:*
- Move SL to breakeven or trail it upward after TP1 is hit to protect capital.
- Example: Raise SL to 2910 (just below entry) once TP2 is reached.
3. *Technical Alignment:*
- Confirm TP levels align with resistance (e.g., Fibonacci extensions, pivot points). If TP3 (2952) is a major resistance, consider taking full profit there.
- Ensure SL (2894) is below a strong support zone (e.g., swing low) to avoid premature exits.
4. *Market Context:*
- Verify gold’s trend (e.g., bullish momentum supports upward targets).
- Avoid trading during high-impact news (e.g., Fed announcements, CPI data).
5. *Execution & Slippage:*
- Use limit orders for entry/targets to control fills.
- Monitor liquidity (e.g., avoid trading during thin market hours).
6. *Position Sizing:*
- Calculate lot size based on 1-2% account risk.
- Example: If risking 1% ($100) on an 18-point SL:
Position size = $100 / (18 points * $1 per point) = ~5.55 lots (adjust per contract specs).
---
### *Trade Plan Summary*
| Action | Level | Points | Notes |
|--------------|----------|--------|--------------------------------|
| *Entry* | 2912 | – | Use limit order. |
| *SL* | 2894 | -18 | Place below key support. |
| *TP1* | 2920 | +8 | Close 50% position. |
| *TP2* | 2930 | +18 | Close 30%, trail SL to 2910. |
| *TP3* | 2952 | +40 | Close 20% (final profit). |
*Final Risk-Reward:* Up to 1:2.22 (if all TPs hit).
*Adjusted Expectancy:* Improves with partial closes and SL adjustments.
---
*Recommendation:* Use this plan only if technical analysis confirms bullish momentum (e.g., RSI >50, breaking a downtrend line). Always monitor price action for early reversal signals.
*Entry Point:* 2912
*Stop Loss (SL):* 2894 (180 points risk)
*Targets (TP):*
1. TP1: 2920 (+80 points)
2. TP2: 2930 (+180 points)
3. TP3: 2952 (+400 points)
---
### *Key Considerations & Adjustments*
1. *Risk-Reward Ratios:*
- *TP1:* 8:18 = *1:2.25* (Low reward for risk).
- *Overall Potential (Scaled):* If splitting the position into thirds, average reward = ~22 points vs. 18 risk = *~1.22:1*.
- *Suggestion:* Allocate more to later targets (e.g., 50% at TP1, 30% at TP2, 20% at TP3) to improve risk-reward.
2. *Stop Loss Management:*
- Move SL to breakeven or trail it upward after TP1 is hit to protect capital.
- Example: Raise SL to 2910 (just below entry) once TP2 is reached.
3. *Technical Alignment:*
- Confirm TP levels align with resistance (e.g., Fibonacci extensions, pivot points). If TP3 (2952) is a major resistance, consider taking full profit there.
- Ensure SL (2894) is below a strong support zone (e.g., swing low) to avoid premature exits.
4. *Market Context:*
- Verify gold’s trend (e.g., bullish momentum supports upward targets).
- Avoid trading during high-impact news (e.g., Fed announcements, CPI data).
5. *Execution & Slippage:*
- Use limit orders for entry/targets to control fills.
- Monitor liquidity (e.g., avoid trading during thin market hours).
6. *Position Sizing:*
- Calculate lot size based on 1-2% account risk.
- Example: If risking 1% ($100) on an 18-point SL:
Position size = $100 / (18 points * $1 per point) = ~5.55 lots (adjust per contract specs).
---
### *Trade Plan Summary*
| Action | Level | Points | Notes |
|--------------|----------|--------|--------------------------------|
| *Entry* | 2912 | – | Use limit order. |
| *SL* | 2894 | -18 | Place below key support. |
| *TP1* | 2920 | +8 | Close 50% position. |
| *TP2* | 2930 | +18 | Close 30%, trail SL to 2910. |
| *TP3* | 2952 | +40 | Close 20% (final profit). |
*Final Risk-Reward:* Up to 1:2.22 (if all TPs hit).
*Adjusted Expectancy:* Improves with partial closes and SL adjustments.
---
*Recommendation:* Use this plan only if technical analysis confirms bullish momentum (e.g., RSI >50, breaking a downtrend line). Always monitor price action for early reversal signals.
Trade active
trade active from 2912 keep hold in buy position..Note
gold touch 2925 profit runing 150 pips keep hold in BUYl posotionTrade closed: target reached
BUY Entry: 2912Take Profit: 2947 almost done 350 pips(Successfully Reached!)
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Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
t.me/Gold_Analysis_Experiment
Gold Signal's with proper TP & SL for high profit opportunities..
t.me/Trade_With_Gold_King005
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
t.me/Gold_Analysis_Experiment
Gold Signal's with proper TP & SL for high profit opportunities..
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
📲 Join telegram channel free ..
t.me/Trade_With_Gold_King005
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
t.me/Gold_Analysis_Experiment
Gold Signal's with proper TP & SL for high profit opportunities..
t.me/Trade_With_Gold_King005
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
t.me/Gold_Analysis_Experiment
Gold Signal's with proper TP & SL for high profit opportunities..
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.