
15 May 202050515 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:
The purpose of a premarket prep is to find setups within my weekly trade plan bias
Narrative
D1
QHi rejected, price mid swing
Wide W1/D1 QHi
Price took out D1 demand and created D1-C‑D Base 3233.83
Prev. Day Exceeded ADR — Yes
H4
No Q Swing
H4 Phase 4 giving H4-C‑S Base 3172.10
Trend
Trend is DOWN 2/3
Market Profile
Value created below the previous
LN Open
Below Value — Outside Range
Huge Imbalance
Asia traded — lower
IBR — Normal
ADR exhausted in premarket
Additional Notes
N.A.
Hypo 1
Short
Reversal — Possible Failed Auction
Hypo 2
Long
Late-Sustained Auction
Hypo 3
Short
Late-Sustained Auction
Hypo 4
Long
Reversal — Possible Failed Auction
Clarity / Confidence (1 — 5, low to high)
3
Mindful Trading (1–5 Bad to Good)
3
Don’t know what all the abbreviations are? Check out my lexicon:
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