Gold with No Drama

1. Trigger: A clear 15-minute bullish pin bar or engulfing candle printing inside the 4,152 – 4,156 zone.
2. Take Profit (TP): 4,175 (TP1) → 4,188 (TP2).
3. Stop Loss (SL): 4,144 (Placed safely below the support structure).

Setup 2: The Relief Rally Short (Intraday Counter-Trend)
If short-covering prints a minor late-afternoon bounce, use that temporary strength to position for a rejection back toward the lows.

1. Trigger: A recovery bounce into 4,172 – 4,175 that prints a 15-minute bearish rejection candle (long upper wick).
2. Take Profit (TP): 4,160 (TP1) → 4,155 (TP2).
3. Stop Loss (SL): 4,181 (Above the local counter-trend structure).

Setup 3: The Support Breakdown (Liquidation Play)
If holiday liquidity drops too low and a sudden wave of weekend profit-taking snaps the primary floor:

1. Trigger: A clean 30-minute candle close below 4,150.
2. Take Profit (TP): 4,135.
3. Stop Loss (SL): 4,159.

Holiday Execution Rules
Spread Expansion Warning: Expect broker spreads to widen significantly over the next two hours as liquidity providers pull out for the weekend.

1. Reduce Risk to 0.5%: Use half of your normal lot size to protect your account against sudden, low-volume spikes.
2. Hard Friday Flat: Close all active intraday positions before the market close today. Holding positions over an extended holiday weekend exposes you to severe opening gap risks next week.

I am done for today and see you guys on Monday. Remember, if we don't appreciate the small things, we can't appreciate the big things.


Trade Smartly Guys

@HumanAI

1. "Failure is a man who has not learnt from his blunders. If you are able to cash in on that experience you are on the path to success." — Jay Lakhani