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20250606 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

Price trad­ing with­in QHi

Wide D1 QHi

D1 con­sol­i­da­tion with­in D1 Sup­ply con­tin­ued, devel­op­ing day is the 4th in the range on a Friday

Prev. Day Exceed­ed ADR — Yes

H4

QHi reject­ed, price mid swing

Big momen­tum move with no follow-through

Trend

Trend is UP 2/3

Mar­ket Profile

Val­ue cre­at­ed above the previous

Wide val­ue

LN Open

Below Val­ue — Out­side Range

Mod­er­ate to Large Imbalance

Asia trad­ed — higher

IBR — Normal

Addi­tion­al Notes

Non-Farm Pay­roll today

Hypo 1

Short

Rever­sal — Pos­si­ble Failed Auction

Hypo 2

Long

Late-Sus­tained Auction

Hypo 3

Short

Late-Sus­tained Auction

Hypo 4

Long

Auc­tion Fade

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

1

Is there a famil­iar pattern?

No

Mind­ful Trad­ing (1–5 Bad to Good)

2

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

Lex­i­con

Check me out on oth­er plat­forms as well:

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