A comprehensive analysis of XAU/USD movements, focusing on key levels and trading strategies across Tokyo, London, and New York sessions. Discover the best entry and exit points, effective trade management, and the impact of economic news on the market for successful trading
1. Market Overview
| Item | Description / Level |
|---|---|
| Current Price | 2631 |
| Main Trend | Bearish on higher time frames, with momentary consolidation |
| Resistance Levels | 2635–2640 (Upper VWAP, FVG gap, POC) |
| Support Levels | 2625–2628 (Lower VWAP, 61.8% Fibonacci, Liquidity Trap) |
2. Trading Strategies by Session
| Session | Strategy | Entry | Targets (TP) | Stop Loss (SL) | Indicators |
|---|---|---|---|---|---|
| Tokyo | Sell | 2635 (Rejection at VWAP + MACD confirmation) | TP1: 2633 TP2: 2628 | 2640 |
RSI: above 70 (Bearish) MACD: Bearish crossover |
| Tokyo | Buy | 2628 (Consolidation at lower VWAP) | TP1: 2633 TP2: 2635 | 2625 |
RSI: below 30 (Bullish) MACD: Bullish crossover |
| London | Sell | Below 2630 (Rejection at VWAP mid-line) | TP1: 2628 TP2: 2625 | 2635 |
RSI: below 50, downward break MACD: Bearish crossover |
| London | Buy | Above 2635 (Breakout of upper VWAP) | TP1: 2640 TP2: 2645 | 2633 |
RSI: above 50 MACD: Bullish crossover |
| New York | Sell | 2635 (Rejection at VWAP during volatility) | TP1: 2630 TP2: 2625 | 2640 |
RSI: above 70 (Bearish) MACD: Bearish crossover below zero line |
| New York | Buy | 2628 (Liquidity Trap + VWAP Support) | TP1: 2633 TP2: 2638 | 2625 |
RSI: below 30 (Bullish) MACD: Bullish crossover |
3. Trade Management
- Scaling In: Add positions at clear confirmation levels (2635 for selling or 2628 for buying).
- Scaling Out: Take 50% of your profits at the first target and adjust your stop loss.
- Trailing SL: Use the ATR indicator (30-minute timeframe ≈ $4) to adjust stop loss.
4. Economic News Scenarios
| News Type | Entry | Targets (TP) | Stop Loss (SL) | Indicators |
|---|---|---|---|---|
| Positive News | Above 2635 | TP1: 2640 TP2: 2645 | 2633 |
RSI: above 60 MACD: Bullish crossover |
| Negative News | Below 2628 | TP1: 2625 TP2: 2620 | 2633 |
RSI: below 40 MACD: Increasing negative histogram |