09 Jan Premarket Prep Gold Template
⇧ Detailed Trading Plan for London Session with HYPOS outlined within link ⇧
#Fintwit #XAUUSD #GOLD #VWAP #Keltner #MarketProfile #Orderflow
20250109 Premarket Prep Gold
This is my premarket prep for today’s European session for GOLD. This prep builds off of my weekly trade plan I made here:
The purpose of a premarket prep is to find setups within my weekly trade plan bias
Narrative
D1
QLo rejected, price mid swing
Price closed higher taking out D1 Supply (although failing to close within Wide W1 QHi)
H4
QLo rejected, price mid swing
Wide D1/H4 Q
H4 consolidation below W1 QHi
Trend
Mixed Trend
Market Profile
Value Overlapping the Previous
LN Open
Above Value — Outside Range
Moderate to Large Imbalance
Prev. Day Exceeded ADR — Yes
Asia traded — sideways
IBR — Normal
Additional Notes
NFP tomorrow
Hypo 1
Short
Reversal — Possible Failed Auction
Hypo 2
Long
Late-Sustained Auction
Hypo 3
Long
Reversal — Possible Failed Auction
Hypo 4
Short
Auction Fade
Clarity / Confidence (1 — 5, low to high)
2
Mindful Trading (1–5 Bad to Good)
2
Don’t know what all the abbreviations are? Check out my lexicon:
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