Gold Trading Strategy for Tokyo Session (XAUUSD) between $2,650 – $2,680

a href=”https://www.tradingview.com/chart/XAUUSD/mAHLibxp/”>

Gold (XAU/USD) Analysis
Overall Market Context
DescriptionXAU/USD is currently ranging between $2,650 (VWAP Lower Band) and $2,680 (VAH).
Institutional Liquidity
Resistance$2,680
Support$2,650
Current TrendThe uptrend remains intact above $2,670 (POC), but there are short-term signs of weakness.
Strategy Overview
Liquidity Traps
  • Above $2,680 to trigger sell positions.
  • Below $2,650 to trigger buy positions.
Use VWAP, POC, and VAH/VAL zones as key levels for scalping or swing trading.
Confirm trades using multi-timeframe analysis and volume analysis.
Scenarios
Scenario 1: Bullish Breakout
SignalPrice breaks and holds above $2,680 (VAH) with volume confirmation.
Trade TypeBuy Stop
Entry$2,681
Stop Loss$2,675
Take-Profit Targets TP1: $2,685 (Daily High) – Confidence: 90%
TP2: $2,692 (Fibonacci Extension 141.4%) – Confidence: 85%
TP3: $2,700 (Psychological Level) – Confidence: 70%
Stop Adjustment – Move to breakeven after TP1
– Then move to $2,685 after TP2
Scenario 2: Bearish Liquidity Trap
SignalPrice moves above $2,680 but fails to hold, forming a bearish candle (e.g., Shooting Star).
Trade TypeSell Limit
Entry$2,680
Stop Loss$2,685
Take-Profit Targets TP1: $2,670 (POC) – Confidence: 90%
TP2: $2,658 (VAL) – Confidence: 85%
TP3: $2,650 (VWAP Lower Band) – Confidence: 75%
Stop Adjustment – Move SL to $2,675 after TP1
– Then move SL to $2,665 after TP2
Scenario 3: Bounce from Support
SignalPrice dips below $2,650 (VWAP Lower Band) but fails to break, forming a bullish reversal candle (Morning Star).
Trade TypeBuy Limit
Entry$2,650
Stop Loss$2,645
Take-Profit Targets TP1: $2,658 (VAL) – Confidence: 90%
TP2: $2,670 (POC) – Confidence: 85%
TP3: $2,676 (VWAP Upper Band) – Confidence: 75%
Stop Adjustment – Move SL to $2,655 after TP1
– Then move SL to $2,665 after TP2
Scenario 4: Bearish Breakout
SignalPrice breaks and holds below $2,650 with volume confirmation.
Trade TypeSell Stop
Entry$2,649
Stop Loss$2,655
Take-Profit Targets TP1: $2,640 (Fibonacci 78.6%) – Confidence: 85%
TP2: $2,633 (Institutional Support) – Confidence: 80%
TP3: $2,625 (Extended Liquidity Zone) – Confidence: 70%
Stop Adjustment – Move SL to breakeven after TP1
– Then move SL to $2,645 after TP2
Key Gold Levels on TradingView
POC (Point of Control)$2,670
VAH (Value Area High)$2,680
VAL (Value Area Low)$2,650
VWAP Bands Upper Band: $2,676
Lower Band: $2,650

Search

Straight To The Top.

Copyright © 2025 Mckvay. All rights reserved.
Terms And Conditions