🥇 Gold (XAUUSDT perp) 1H: WAITING LONG on a 4062 reclaim
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📊 State: Gold held the 4020.5 low (Nov 10) and has made higher lows overnight (4033.8 at 04:00). It is now pressing the 4062 lid I flagged last night, trading ~4066 (-1.5% 24h). The last closed 1H candle (4053.5) is still below it, so nothing has triggered yet. 1H EMA50 4077 and 4H EMA20 4080 sit just above.
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🎯 Plan (only after confirmation):
Activation: a 1H close above 4065, then a retest limit at 4063.
Stop: 4029.7 (4033.8 higher low - 0.3×ATR, ATR 13.7).
TP1: 4128 (Nov 10 shelf), ~1.6R net.
TP2: 4152 (Nov 9-10 highs), ~2.3R net.
Costs assumed: 0.05% per side.
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❌ Cancel: a 1H close below 4033.8 before entry, or no fill by 20:00 Riyadh (17:00 UTC) today.
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📐 Size: 1% risk = equity × 0.01 ÷ 37.4 (stop distance + costs, in USDT per 1 XAU).
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🧠 Confidence: moderate-low. Gold is still below its 1H EMA50 and 4H EMA20, so 4077-4080 can stall the move.
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Not financial advice. DYOR.
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