# Gold Breakout Strategy for Intraday Trading

> Use Previous Day High and Low levels to enter trades with 1:3 risk-reward ratios.
- Title: Gold Breakout Strategy for Intraday Trading · TradingView
- Summary: Use Previous Day High and Low levels to enter trades with 1:3 risk-reward ratios.
- Keywords: xauusd, previous day high, previous day low, breakout strategy, intraday trading, risk management, stop loss, 1:3 risk-reward, TradingView
- Source: TradingView — https://tradingview.com/chart/XAUUSD/fyAOe3ss-Previous-Day-High-Low-Breakout-Strategy
- Published: 2026-11-09T17:57:41+00:00
- Read time: 1 min
- Topics: xauusd, previous day high, previous day low, breakout strategy, intraday trading, risk management, stop loss, 1:3 risk-reward, business, finance
## Previous Day High & Low Breakout Strategy
This strategy uses gold's previous day high and low on 1-minute charts for intraday trading.
## SELL Setup Confirmation
Wait for two bearish candles after price breaks above previous day high with second candle closing below first candle's low.
## BUY Setup Confirmation
Wait for two bullish candles after price breaks below previous day low with second candle closing above first candle's high.
## Key takeaway

Traders use gold's previous day high and low on 1-minute charts to enter trades with stop losses and 1:3 risk-reward targets.