Gold (XAU/USD) Buy stop
Gold (XAU/USD) chart
Levels
- Entry
- 4,107.35 zone 4,105.23 to 4,109.47
- Stop loss
- 4,035.27 72.1 dollars from entry
- Target 1
- 4,179.43 not reached
- Target 2
- 4,251.51 not reached
- Target 3
- 4,323.59 not reached
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 4,107.35 or sell below 4,035.27. Both orders were published together and the first one to fill cancels the other.
The other side is Sell stop #7 (expired).
Why this trade
This is a mechanical trade from the Gold London Breakout strategy, which brackets the Asian session range when hourly volatility is above average. The Asian range was massive at $71.08. The buy stop is placed 50 cents above the high at 4107.35. If triggered, it targets 4179.43 for a 1R gain, with the stop loss 50 cents below the session low at 4035.27. While the strategy has a marginally profitable backtest, today's unusually large range requires Gold to make a highly improbable intraday move well beyond its daily ATR of $84.43 to hit the target before the daily close.
ChartPrice structure on the chart: trend, levels, volatility.
About the strategy: Gold London breakout
The rules of the ForexR Gold London Breakout EA. The Asian session range (18:00 to 02:00 New York time) is bracketed with a buy stop 50 cents above its high and a sell stop 50 cents below its low; the first to trigger cancels the other. It only trades when the range is at least $5 and hourly volatility (ATR 14) is at or above its 480-hour average. Orders wait until 08:00 New York; open trades close at 17:00 New York. Targets are 1R, 2R and 3R.
Caveat: 2023 was about break-even. The volatility filter was found on the same data, so it is not a clean out-of-sample test.
The idea, explained: The London breakout strategy
Timeline
- Signal published 4,050.27
- Reason added
- Confidence scored Score 42
- Risk tag added High Risk, as of its publish time
- Expired
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
- b959fa473352d1e56ff3e974c4202ed9d0abf6ff1d2aa786ad4b9b34c7f8f6d0
- Previous hash
- 435a370a3cf66873cb1d114791a874bcddf6857b7759d9f1858ef65980799759
Show the signed record
{"v":1,"symbol":"XAUUSD","side":"buy","order_type":"stop","timeframe":"1h","strategy":"gold_london_bo","source":"data","oco_group":"gold_london_bo:XAUUSD:2026-11-06","entry":"4107.35","zone_lo":"4105.23","zone_hi":"4109.47","sl":"4035.27","tp1":"4179.43","tp2":"4251.51","tp3":"4323.59","created_at":"2026-11-06T07:01:02Z","expires_at":"2026-11-06T13:00:00Z","max_close_at":"2026-11-06T22:00:00Z","prev_hash":"435a370a3cf66873cb1d114791a874bcddf6857b7759d9f1858ef65980799759"}
Risk High Risk
- Track record: passed
Its rule was profitable after costs in every period we tested.
- Type of trading: passed
Intraday trade, not a scalping or news trade.
- News: flagged
A high-impact release is due while the order waits or early in the trade: Nonfarm Payrolls, Average Hourly Earnings (MoM), Average Hourly Earnings (YoY) on 6 Nov at 13:30 UTC.
- 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 massive $71 Asian range means reaching the first target before the daily close requires an unlikely move far beyond average daily volatility.
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