Gold (XAU/USD) Buy stop
Gold (XAU/USD) chart
Levels
- Entry
- 4,059.36 zone 4,057.28 to 4,061.44
- Stop loss
- 4,039.70 19.7 dollars from entry; moved to 4,059.36
- Target 1
- 4,079.02 hit 6 Nov, 09:01 UTC
- Target 2
- 4,098.68 not reached
- Target 3
- 4,118.35 not reached
- Filled
- 4,059.36 6 Nov, 08:15 UTC
- Closed
- 4,064.29 6 Nov, 11:00 UTC
One third of the trade closes at each target, and the stop moves to the entry after target 1.
Breakout bracket
Breakout bracket: buy above 4,059.36 or sell below 4,039.70. Both orders were published together and the first one to fill cancels the other.
The other side is Sell stop #23 (cancelled).
Why this trade
This is a mechanical buy stop on XAUUSD generated by the Gold hourly breakout strategy. The rule places a breakout order just above a London-session hourly candle when volatility exceeds its average (currently 1.42x). With gold dropping today to trade near 4052, this setup requires a bounce to trigger the entry at 4059.36, breaking resistance at the previous day's low. Traders should note the strategy's tested record is historically negative, averaging -0.07R over 165 trades in the last year. The setup is invalidated if price reverses to hit the stop at 4039.7, placed beneath the trigger candle's low.
ChartPrice structure on the chart: trend, levels, volatility.
About the strategy: Gold hourly breakout
The best of the rules from our October gold scalping study. At the close of each London-hours candle (02:00 to 08:00 New York), when hourly volatility is at or above its 20-day average, a buy stop waits just above the candle's high and a sell stop just below its low for one hour; the first to trigger cancels the other, and each one's stop is the other's entry. Targets 1R, 2R and 3R; trades close after two hours at most.
Caveat: Gold only. -0.07R per trade over 165 trades in the last year. The 2023-2026 study on 5-minute gold found this structure close to break-even before costs and slightly negative after them; no hour of the day was reliably positive.
The idea, explained: Gold scalping
Timeline
- Signal published 4,052.81
- Reason added
- Confidence scored Score 42
- Risk tag added High Risk, as of its publish time
- Entry filled 4,059.36
- TP1 hit 4,079.02
- Stop moved to entry 4,059.36
- Trade closed 4,064.29 Time limit reached, +0.50R
Proof it was not edited
When this signal was published, its fixed fields were written to a record and fingerprinted with SHA-256. The fingerprint also contains the one before it, so a change anywhere breaks the chain. You can check it in your browser.
- Hash
- 7c24318932d02617cd439c52e1a5447823ad8ecca5ce07314ec850d3fb760cbe
- Previous hash
- 594ecd14a1823648729614f9ecdb936d1afea7ceca3792f0b349984aa68bb53e
Show the signed record
{"v":1,"symbol":"XAUUSD","side":"buy","order_type":"stop","timeframe":"1h","strategy":"scalp_gold_hour_bo","source":"data","oco_group":"scalp_gold_hour_bo:XAUUSD:1793952000","entry":"4059.36","zone_lo":"4057.28","zone_hi":"4061.44","sl":"4039.70","tp1":"4079.02","tp2":"4098.68","tp3":"4118.35","created_at":"2026-11-06T08:01:02Z","expires_at":"2026-11-06T09:00:00Z","max_close_at":"2026-11-06T11:00:00Z","prev_hash":"594ecd14a1823648729614f9ecdb936d1afea7ceca3792f0b349984aa68bb53e"}
Risk High Risk
- Track record: flagged
Its rule was not profitable after costs in every period we tested.
- Type of trading: flagged
Scalping trade: moves are quick, and the spread takes a bigger share of a small stop.
- News: passed
No high-impact release was due while the order waits or in its first 4 hours.
- Costs: passed
The spread is a small share of the stop distance (under 10%).
High Risk means at least one check flagged this trade. Size it smaller, or skip it if you only follow Cautious signals. This signal was published before risk tags existed; its tag was added afterwards, from the facts at its publish time.
Confidence
The mechanical strategy has a negative tested edge, and taking a long breakout fights today's bearish momentum in gold.
Signals scored 40-49 have won 49% of 47 closed.
Confidence is a score from 0 to 100 given by an AI model. It is checked against how signals in the same band really ended, so treat the measured rate as the evidence, not the score. Reading a track record