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Gold $XAUUSD, New York session:
Range -> break -> pullback.
The New York cash-open range broke lower, price came back to retest the broken low (~4000) and got rejected twice.
Sell idea on the retest. Stop above the retest high, first target the session lows.
Late session and thin holiday liquidity, so size small. Risk first.
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Gold $XAUUSD | Wed 11 Nov
Fell 4,120 β 4,014 yesterday, based in Asia.
β’ 4,066 Asia high (stops above)
β’ 4,027 Asia low
β’ 4,014 yesterday's low
Wait for London's first-hour range to break, then trade the pullback. Above 4,066: 4,100. Below 4,027: 4,014.
No break, no trade.
170
Gold $XAUUSD Tue
Asia range: 4141 / 4108
Price ~4120, sitting in Monday's gap (4112-4126)
Let London's first hour set the range.
Close above 4141: wait for the pullback, target 4148.7
Close below 4108: wait for the pullback, target 4100 / 4054
No break, no bias. Risk first.
195
Gold $XAUUSD morning plan
Asia ran from 4062 to 4134, now pulling back to 4088.
Liquidity: 4134 above, 4055 below.
Gap left by the drop: 4112β4119.
London opens soon. I wait for its first-hour range, a clean break, then the pullback. No break, no trade.
Risk first. ππ
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Code: Cap
151
$XAUUSD this morning:
β’ Broke yesterday's 3971 high with an ~80 pt push
β’ London's first hour so far: 4021β4038, mid ~4030
β’ Gap left by that push: 3960β3971
No chasing. Let London's range finish, then wait for a break and pullback. Lose 4021 and that gap is the magnet.
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163
Gold Monday plan
Friday's NY open dumped ~$85 (3955 β 3870). Overnight: gap up, chop 3891β3919. Now ~3899.
Watch:
β’ 3919 high
β’ 3931β3940 gap from Friday's drop
β’ 3891 low / 3875 gap fill
Let London's first hour set the range. Break, pullback, then act. No chasing.
#XAUUSD
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192
Trade their capital, manage your risk.
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Code: Cap
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NFA. Trading involves risk.
119
Gold (XAUUSD) London open read
First hour range: 3965 to 3988, mid 3977.
Price flushed to 3965, took the stops below, then snapped back to the range top.
Plan: hold above 3988, then a pullback into 3977-3980 is the buy zone.
Targets 4005, then 4019.
Below 3965, idea is off.
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218
$XAUUSD | Gold this morning
Londonβs first hour set a clear range after sweeping the overnight lows (~4032), then buyers pushed into the top of that range (~4049).
Donβt chase the high.
Wait for a pullback into the range high / midpoint zone (~4040).
Upside draw: overnight highs near 4075.
Idea is invalid under 4032.
Range β break β pullback.
117
$XAUUSD | Gold this morning
Londonβs first hour set a clear range after sweeping the overnight lows (~4032), then buyers pushed into the top of that range (~4049).
Donβt chase the high.
Wait for a pullback into the range high / midpoint zone (~4040).
Upside draw: overnight highs near 4075.
Idea is invalid under 4032.
Range β break β pullback.
164
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153
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168
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