13 Oct 20231013 Premarket Prep Gold

⇧ Detailed Trad­ing Plan for Lon­don Ses­sion with HYPOS out­lined with­in link ⇧

#Fin­twit #XAUUSD #GOLD #VWAP #Kelt­ner #Mar­ket­Pro­file #Order­flow

This is my pre­mar­ket prep for today’s Euro­pean ses­sion for GOLD. This prep builds off of my week­ly trade plan I made here:

Gold 2023 Week 41 Trad­ing Plan

The pur­pose of a pre­mar­ket prep is to find setups with­in my week­ly trade plan bias

Nar­ra­tive

D1

D1 Ham­mer clos­ing above D1 VWAP in DT

H4

Price trad­ing with­in new H4 Supply

Trend

Mixed Trend

Mar­ket Profile

Val­ues in UT

LN Open

0.25 x ASR- Below Val­ue — Out­side Range

Mod­er­ate to Large Imbalance

Asia trad­ed higher

Prev. Day Exceed­ed ADR by 1.12

0.57xASR IBR

Addi­tion­al Notes

N.A.

Hypo 1

Long

Val­ue Acceptance

Hypo 2

Long

Late-Sus­tained Auc­tion after VAA

Hypo 3

Long

Strength From With­in IBR

Hypo 4

Short

Auc­tion Fade

Clar­i­ty / Con­fi­dence (1 — 5, low to high)

2

Mind­ful Trad­ing (1–5 Bad to Good)

3

Don’t know what all the abbre­vi­a­tions are? Check out my lexicon:

Lex­i­con

Check me out on oth­er plat­forms as well:

• Twit­ter
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