Gold Trading Strategy for 04th August 2025

Gold Trading Strategy (XXAU/USD)

Buy Setup:
Entry: Buy above the high of the 1-hour candle that closes above $3386
Targets:
$3397
$3408
$3419
Stop Loss: Below the low of the breakout candle (as per your risk management)

Sell Setup:
Entry: Sell below the low of the 1-hour candle that closes below $3322
Targets:
$3310
$3298
$3285

Stop Loss: Above the high of the breakdown candle (as per your risk management)

Disclaimer:
This analysis is for educational and informational purposes only. Trading in commodities like Gold (XXAU/USD) involves significant risk and may not be suitable for all investors. Prices can be highly volatile, and past performance is not indicative of future results. Please conduct your own research and consult a certified financial advisor before making any trading decisions. You are solely responsible for your own trades and risk management.