🟡 Gold (XAU/USD) Trading Strategy
Do not enter a Buy or Sell trade immediately around 7:30 PM IST.
During Fed Chair Warsh’s speech, Gold can make a very sharp spike and then reverse.
Warsh’s StatementExpected Gold ReactionTradeHawkish — higher rates / strong focus on inflationUSD ↑, Gold ↓🔴 SELLDovish — rate cuts / economic supportUSD ↓, Gold ↑🟢 BUYNeutral/unclearSpike + possible reversal⚠️ NO TRADE
🎯 Gold Trading Levels
Gold is currently around $4,607.
🔴 SELL Setup
Wait for:
Gold to break $4,580 Price to stay below $4,580 after the initial reaction Then consider SELL
Downside targets:
TP1: $4,550 TP2: $4,520 Major support: $4,500
🟢 BUY Setup
Wait for:
Gold to move above $4,650–$4,665 Strong confirmation above this zone Then consider BUY
Upside targets:
TP1: $4,696 TP2: $4,700–$4,730 Strong breakout target: $4,769
⚠️ Most Important
Do NOT enter immediately when the 7:30 PM candle opens.
Wait for the first 5–15 minutes after the speech. Jackson Hole/Fed events can create a false breakout before the real move begins.
📌 My Current Bias
Before the speech: ❌ NO TRADE
Hawkish Warsh + Gold breaks $4,580:
➡️ 🔴 SELL
Dovish Warsh + Gold breaks $4,665/$4,696:
➡️ 🟢 BUY
Do not enter a Buy or Sell trade immediately around 7:30 PM IST.
During Fed Chair Warsh’s speech, Gold can make a very sharp spike and then reverse.
Warsh’s StatementExpected Gold ReactionTradeHawkish — higher rates / strong focus on inflationUSD ↑, Gold ↓🔴 SELLDovish — rate cuts / economic supportUSD ↓, Gold ↑🟢 BUYNeutral/unclearSpike + possible reversal⚠️ NO TRADE
🎯 Gold Trading Levels
Gold is currently around $4,607.
🔴 SELL Setup
Wait for:
Gold to break $4,580 Price to stay below $4,580 after the initial reaction Then consider SELL
Downside targets:
TP1: $4,550 TP2: $4,520 Major support: $4,500
🟢 BUY Setup
Wait for:
Gold to move above $4,650–$4,665 Strong confirmation above this zone Then consider BUY
Upside targets:
TP1: $4,696 TP2: $4,700–$4,730 Strong breakout target: $4,769
⚠️ Most Important
Do NOT enter immediately when the 7:30 PM candle opens.
Wait for the first 5–15 minutes after the speech. Jackson Hole/Fed events can create a false breakout before the real move begins.
📌 My Current Bias
Before the speech: ❌ NO TRADE
Hawkish Warsh + Gold breaks $4,580:
➡️ 🔴 SELL
Dovish Warsh + Gold breaks $4,665/$4,696:
➡️ 🟢 BUY
