Gold Spot / U.S. Dollar
Updated

[ TimeLine ] Gold 5-6 May 2025

146
📅 Today is Friday, May 2, 2025

📌 Upcoming Signal Dates:
May 5, 2025 (Monday) or
May 5 & 6, 2025 (Monday & Tuesday)

🧠 Trading Plan & Notes:

✅ Gold has undergone a significant reversal of over 2000 pips, from its ATH of 3500 down to 3200
⚠️ If the upcoming Hi-Lo range is wide, consider reversal entries or setups based on Fibonacci retracement levels
✅ I will personally be trading both signals as part of my research and ongoing strategy
⚠️ If you're risk-averse or uncertain, it’s okay to skip the May 5–6 signals

📋 Execution Plan:

🔹 Wait for the price range from the selected candles to fully form (marked by green lines on the chart)
🔹 Entry will be triggered upon breakout, including a 60-pip buffer
🔹 If SL is hit, cut/switch and double the position on the next valid setup for potential recovery

📉📈 Chart Reference:
🔗 Copy & paste this code into TradingView URL: TV/x/C5zZyXar/
Trade closed: target reached
Hello everyone,

📍 Hi-Lo Range (May 5, 2025):
3231 to 3343 (includes a 60-pip buffer)

✅ May 5 Buy Signal:

🔹 Entry Triggered: 3343
🔹 Price Action: Strong bullish breakout followed by a rally to 3435, yielding an approx. 920-pip gain

💡 This move offered attractive profit potential, allowing for multiple entries and achieving a 1:1 risk-reward ratio
⚠️ After reaching 3435, the market reversed sharply, moving back toward—and briefly below—the entry zone

📌 If you secured profits early, well done!
📌 I'm now preparing the next signal for the upcoming week — stay tuned.

📉📈 Chart & Analysis:
🔗 TradingView Link: TV/x/hgHBLfMB/

Disclaimer

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