Hello everyone,
📆 Today is Friday, May 30, 2025
📌 Upcoming Gold Signal Dates:
• June 2, 2025 (Monday) — Single candle setup
• June 2–3, 2025 (Monday–Tuesday) — Two-candle range
🧠 Trading Plan & Notes
✅ Gold recently made a bearish move of ~780 pips, breaking below the prior key support at 3323, down to 3245
🔁 Multiple re-entry opportunities were identified using Fibonacci retracement levels, which provided solid price reaction points.
⚠️ If the June 2 Hi-Lo range appears wide and sideways, we may consider holding off until June 4 for confirmation of clearer directional bias.
✅ I will be trading both signals (June 2 and June 2–3) as part of my ongoing research and strategy
⚠️ If the range is narrow or shows false breakout risk, it's okay to skip the June 2 signal and focus instead on the June 2–3 combined range.
📋 Execution Plan
🔹 Wait for the Hi-Lo range from the selected candle(s) to fully form.
▫ These will be marked initially with purple lines on the chart.
▫ After market close, I’ll update the chart with additional indicator levels.
🔹 Entry triggers will be based on breakouts beyond the range, with a 60-pip buffer.
🔹 If the trade hits SL, the plan is to cut/switch direction and double position size on the next valid signal as part of the recovery strategy.
📉📈 Chart Reference
Copy & paste this code into your browser and add TradingView URL:
🔗 TV/x/iQrX0gJW/
✅ Stay alert and follow the signal flow — upcoming entries could offer solid reward potential if executed with discipline.
📌 I'll post the final Hi-Lo levels and updated chart after the June 2 and June 3 candles close.
📆 Today is Friday, May 30, 2025
📌 Upcoming Gold Signal Dates:
• June 2, 2025 (Monday) — Single candle setup
• June 2–3, 2025 (Monday–Tuesday) — Two-candle range
🧠 Trading Plan & Notes
✅ Gold recently made a bearish move of ~780 pips, breaking below the prior key support at 3323, down to 3245
🔁 Multiple re-entry opportunities were identified using Fibonacci retracement levels, which provided solid price reaction points.
⚠️ If the June 2 Hi-Lo range appears wide and sideways, we may consider holding off until June 4 for confirmation of clearer directional bias.
✅ I will be trading both signals (June 2 and June 2–3) as part of my ongoing research and strategy
⚠️ If the range is narrow or shows false breakout risk, it's okay to skip the June 2 signal and focus instead on the June 2–3 combined range.
📋 Execution Plan
🔹 Wait for the Hi-Lo range from the selected candle(s) to fully form.
▫ These will be marked initially with purple lines on the chart.
▫ After market close, I’ll update the chart with additional indicator levels.
🔹 Entry triggers will be based on breakouts beyond the range, with a 60-pip buffer.
🔹 If the trade hits SL, the plan is to cut/switch direction and double position size on the next valid signal as part of the recovery strategy.
📉📈 Chart Reference
Copy & paste this code into your browser and add TradingView URL:
🔗 TV/x/iQrX0gJW/
✅ Stay alert and follow the signal flow — upcoming entries could offer solid reward potential if executed with discipline.
📌 I'll post the final Hi-Lo levels and updated chart after the June 2 and June 3 candles close.
Trade closed: stop reached
📆 Market Update: Signal TimeLine – Gold (June 2–3, 2025)📍 Hi-Lo Ranges (including 60-pip buffer)
• June 2, 2025: 3294 – 3388
• June 2–3, 2025 (2-candle range): 3294 – 3398
✅ June 2 – Buy Signal
🔹 Entry Triggered: 3388
🔹 Price Action:
• Brief breakout up to 3403 (approx. +150 pips)
• Then sharp reversal back down to the 3307 zone
⚠️ Commentary:
• This was a false breakout — the market did not follow through
• The range was too wide, and the high was too close to the psychological level of 3400
• Even with buffer pips, the signal underperformed
• Upon review, this June 2 signal is considered invalid or unreliable
❌ Invalidated Signal – Skipping June 2
🔎 After further analysis, the June 2 candle closed late and produced bias in the range, which misrepresented the true market condition.
📌 Recommendation:
• Skip the June 2 signal entirely
• Focus instead on June 3, which offers a cleaner, more valid Hi-Lo setup
📌 Updated plan and charts based on June 3 will follow soon. Stay tuned for the refined entry levels and trading strategy.
📉📈 Chart Reference:
🔗 TradingView URL: TV/x/1fMHcz6v/
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.
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.