XAUUSD Trading Plan — Monday, April 28, 2025 — Cairo Time
⸻
➤ Bullish Scenario:
➤ 10:00 AM (London Open):
Quick dip under 3285–3288 followed by a strong rebound. Wait for a clear bullish candlestick (Hammer or Engulfing) on the 5M or 15M timeframe to trigger a long position.
➤ Between 11:00 AM and 12:30 PM (London Push):
Continued rise toward 3300–3305 area. Watch for higher lows forming, and trail your stop-loss under each new higher low.
➤ Between 1:00 PM and 3:00 PM (Pre-New York):
Consolidation or formation of a bull flag. Confirm a bullish breakout as long as price holds above 3288–3292.
➤ 3:30 PM (New York Open):
Short corrective move, followed by a strong bullish reversal. Look to buy on a retest of 3300 with MACD and RSI confirmations.
➤ After 4:30 PM (New York Continuation):
Continuation of bullish momentum aiming for targets at 3305 and potentially 3310+.
⸻
➤ Bearish Scenario:
➤ 10:00 AM (London Open):
Trap move above yesterday’s high followed by a sharp sell-off. Sell near 3300–3305 with bearish candlestick confirmation.
➤ Between 11:00 AM and 12:30 PM (London Correction):
Formation of lower highs and strong rejection candles. Add to sell positions after a confirmed break below 3292.
➤ Between 1:00 PM and 3:00 PM (Pre-New York):
Fake breakouts followed by corrective moves. Reinforce short positions if bullish attempts fail with weak volume.
➤ 3:30 PM (New York Open):
Strong flush breaking London lows (~3283). Enter via Sell Stop below 3283 with strong volume and momentum confirmation.
➤ After 4:30 PM (New York Continuation):
Continuation of aggressive bearish momentum toward targets of 3270, 3259, and possibly 3245.
⸻
➤ Current Market Read:
➤ Ichimoku Cloud: Bearish tilt.
➤ Volume: Noticeably low.
➤ RVOL: Under 0.5 → showing buyer weakness.
➤ Price Action: Bearish engulfing patterns on higher timeframes (H1, H4).
⸻
➤ Main Setups:
➤ Buy Setup:
Buy Stop @ 3300.5
Stop Loss: 3291.0
TP1: 3305.0
TP2: 3310.0
Confidence: 70%.
➤ Sell Setup:
Sell Limit @ 3303.0
Stop Loss: 3311.5
TP1: 3285.0
TP2: 3270.0
Confidence: 80%.
⸻
➤ Daily Summary:
➤ London Open: Expect liquidity grabs.
➤ London Push: Confirm the dominant trend.
➤ Pre-New York: Watch for fake breakouts.
➤ New York Open: Real move begins.
XAUMO report BY Mohamed Mahmoud
Mohamed
THE Ichimoku MAN on the Nile
#traders4traders
you are welcome to join my Telegram channel, Ichimokuonthenile.
for GOLD follow this link: t.me/GOLDontheNILE
youtube youtube.com/@ICHIMOKUontheNILE
THE Ichimoku MAN on the Nile
#traders4traders
you are welcome to join my Telegram channel, Ichimokuonthenile.
for GOLD follow this link: t.me/GOLDontheNILE
youtube youtube.com/@ICHIMOKUontheNILE
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.
Mohamed
THE Ichimoku MAN on the Nile
#traders4traders
you are welcome to join my Telegram channel, Ichimokuonthenile.
for GOLD follow this link: t.me/GOLDontheNILE
youtube youtube.com/@ICHIMOKUontheNILE
THE Ichimoku MAN on the Nile
#traders4traders
you are welcome to join my Telegram channel, Ichimokuonthenile.
for GOLD follow this link: t.me/GOLDontheNILE
youtube youtube.com/@ICHIMOKUontheNILE
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.