๐ Market Update: Signal Timeline โ Gold (June 9 & 11, 2025)
๐ Delayed Journal Entry โ Trade Review & Breakdown
๐ Hi-Lo Ranges (with 60-pip buffer)
โข June 9, 2025: 3287 โ 3344 (Single-candle setup)
โข June 9-10, 2025: 3287 โ 3355 (Two-candle range)
โข June 11, 2025: 3294 โ 3366 (Single-candle confirmation setup)
๐ก Interestingly, these price patterns showed consistency, and I executed trades based on all three signals.
โ June 9 โ Buy Signal(s)
๐น Trigger Points:
โข 3344 (Single-candle setup)
โข 3355 (Two-candle range)
๐น Price Action:
Strong bullish breakout toward 3451, but experienced significant retracement depending on entry point.
โข Drawdown: Up to 50โ70% of the range based on entry.
โข Gain Potential: Approx. +960 to +1070 pips
โ ๏ธ Fibonacci Note:
Retracement to around 3310 aligned well with the 60% Fibonacci zone, providing a textbook re-entry opportunity.
โ June 11 โ Buy Signal
๐น Trigger Point: 3366
๐น Price Action: Continued bullish move to 3451, this time with less volatility and smaller pullback.
โข Gain Potential: Approx. +850 pips
๐๐ง Key Takeaway
The June 9 signals required more patience and better handling of retracement, while June 11 offered smoother momentum with cleaner execution. Those following the Fibonacci strategy were well-positioned to catch the continuation.
๐๐ Chart Reference
๐ Copy & paste into TradingView: TV/x/MyAsl0Gx/
๐ Delayed Journal Entry โ Trade Review & Breakdown
๐ Hi-Lo Ranges (with 60-pip buffer)
โข June 9, 2025: 3287 โ 3344 (Single-candle setup)
โข June 9-10, 2025: 3287 โ 3355 (Two-candle range)
โข June 11, 2025: 3294 โ 3366 (Single-candle confirmation setup)
๐ก Interestingly, these price patterns showed consistency, and I executed trades based on all three signals.
โ June 9 โ Buy Signal(s)
๐น Trigger Points:
โข 3344 (Single-candle setup)
โข 3355 (Two-candle range)
๐น Price Action:
Strong bullish breakout toward 3451, but experienced significant retracement depending on entry point.
โข Drawdown: Up to 50โ70% of the range based on entry.
โข Gain Potential: Approx. +960 to +1070 pips
โ ๏ธ Fibonacci Note:
Retracement to around 3310 aligned well with the 60% Fibonacci zone, providing a textbook re-entry opportunity.
โ June 11 โ Buy Signal
๐น Trigger Point: 3366
๐น Price Action: Continued bullish move to 3451, this time with less volatility and smaller pullback.
โข Gain Potential: Approx. +850 pips
๐๐ง Key Takeaway
The June 9 signals required more patience and better handling of retracement, while June 11 offered smoother momentum with cleaner execution. Those following the Fibonacci strategy were well-positioned to catch the continuation.
๐๐ Chart Reference
๐ Copy & paste into TradingView: TV/x/MyAsl0Gx/
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.