XAUUSD {Gold/US Dollar} CHEAT SHEET

English (Refer Page 2 for HINDI)

1. Understanding Correlations: It's crucial to observe how the Dollar Index (DXY) behaves in
comparison to XAUUSD (gold). When DXY strengthens, it often indicates that gold might not
perform as strongly. Additionally, keeping an eye on silver (XAGUSD) prices can be insightful
since they tend to follow similar trends to gold, sometimes even foreshadowing its
movements.

2. Trading In Session Overlap: One of the prime times for trading gold is during the overlap of
the New York and London sessions and that is 5:30 PM to 9:30 PM IST (Indian Standard
Time). This period sees heightened activity, presenting ample opportunities to capitalize on
market movements and potentially boost profits.

3. Market Direction: Before diving into trades, it's wise to assess whether the market
sentiment leans towards bullish or bearish for the day. This can be gauged by examining the
15-minute chart and observing if prices are forming higher highs and lows (bullish) or lower
highs and lows (bearish).

4. Identifying Key Levels: Pinpointing significant price levels where gold tends to either
rebound (support) or retreat (resistance) is essential. These levels often coincide with
historical points where the price has exhibited strong reactions in the past.

5. Recognizing Strong Reversals: Pay close attention to significant movements above or below
these key levels. These shifts could signal an impending change in market direction,
presenting opportunities for profitable trades.

6. Spot Order Blocks: Following substantial market movements, watch for areas where prices
appear to offer a discount. These zones can serve as favorable entry points for trades.
However, it's crucial to weigh the risk-reward ratio, deciding between entering at the
discounted price (higher risk) or waiting for a more secure entry point (lower risk).

7. Position Sizing & Risk Management: Given the volatility of gold, prudent risk management is
paramount. It's advisable to determine the amount you're comfortable risking on each
trade. Keeping trade sizes modest, setting clear exit points in case of adverse movements,
and adhering to a well-defined risk management plan are key strategies. Typically, risking
between 0.25% to 1% of your total trading account is recommended to safeguard your
capital as a gold trader.

8. Committing to Continuous Learning: Stay abreast of market developments and continually

seek to enhance your trading acumen. Maintaining detailed records of your trades allows for
reflection and adjustment of strategies over time, fostering improvement and adaptability in
the dynamic realm of gold trading.
 HINGLISH (AI Generated)

1. Samajhna Correlations: Bahut zaroori hai dekhna ki Dollar Index (DXY) ka vyavhaar
XAUUSD (sona) ke saath kaisa hota hai. Jab DXY mazboot hota hai, toh yeh aksar dikhata
hai ki sona utna mazboot nahin rehta hai. Saath hi, XAGUSD (chandi) ke daamon par bhi
nazar rakhiye, kyunki ve sona ke saath seemit pravrittiyon ko follow karte hain, kabhi
kabhi uske gatiyon ko pehle hi bata dete hain.

2. Session Overlap Mein Trading: Sona trading ke liye ek mukhya samay hai jab New York aur
London ke sessions ke beech overlap hota hai, aur woh hai 5:30 PM se 9:30 PM IST (Indian
Standard Time) tak. Is daur mein gatividhi adhik hoti hai, jo bazar ke gatiyon ka fayda
uthane aur labh ko badhane ke liye bahut avsar prastut karta hai.

3. Bazaar ki Disha: Trade mein pravesh karne se pehle, samajhna uchit hai ki bazaar bhavishy
mein bullish ya bearish ki taraf lean kar raha hai ya nahin. Yeh 15-minute chart ko dekhkar
samjha ja sakta hai ki daamon mein kya adhik adhik ucch bhav aur neeche ke bhav bante
hain (bullish) ya kam ucch bhav aur kam neeche ke bhav bante hain (bearish).

4. Mahatvapurna Star Levels Ka Pata Lagana: Sona ko support ya resistance ke roop mein
parivartit hone ki mahatvapurna keemat ke star sthanon ka pata lagana zaroori hai. Ye
sthan vaigyanik roop se purane samay mein mazboot pratikriya ki gayi jagahon ke saath
milte hain.

5. Majboot Palat: Mahatvapurna sthar sthanon ke upar ya neeche ke vyapak gatiyon par
dhyan dena zaroori hai. Ye parivartan bazaar ki disha mein hone wale parivartan ki sanket
de sakte hain, jisse labhkari trades ke liye avsar prastut hote hain.

6. Spot Order Blocks: Vyapak bazar ki gatividhiyon ke peeche, vahan par daamon ka discount
dene ka dhyan rakho. Ye kshetra trade ke liye anukool pravesh bindu ke roop mein upyogi
hote hain. Halaanki, risk-anudan anupaat ko wajan dena mahatvapurna hai, discounted
price par pravesh karne ya ek adhik surakshit pravesh bindu ka intezaar karne ke beech
mein nirnay lena (adhik risk) (kam risk).

7. Position Sizing & Risk Management: Sona ki volatile nature ko dekhte hue, samajhdaari se
risk management bahut mahatvapurna hai. Har trade par jitna risk lena aap comfortable
hain, wahi sahi hai. Trade ke maamooli aakaar ko banaye rakhna, pratividhi gatividhiyon
ke mukhya binduon ko saaf taur par set karna, aur ek achhi tarah se define ki gayi risk
management yojana ka palan karna mukhya upay hain. Aam taur par, apne poore trading
account ka 0.25% se 1% risk karna surakshit samjha jata hai, jisse aapka poora paisa
surakshit rahega.

8. Nirmaan ki Lagi Rahna Continuous Learning Mein: Bazar ke vikas ko samajhne mein sadaiv
tatpar rahen aur apne trading ke gyan ko behtar banane ki koshish karte rahen. Apne
trades ka vivaran dhyaan se rakho, jisse samay ke saath saath yojanaon ka punarvichar
aur sudhar hota hai, aur sona trading ke dynamic kshetra mein vikas aur aanuvratikta
badhata hai.