The entry filled and the call is being tracked candle by candle.
What is the logic behind this XAUUSD long?
Written by the trader before the outcome was known, and never edited since.
longing xauusd 4152.64, tight stop below london sweep low
Thesis at publication
The longer case, also locked at publication.
At 4152.64, a crucial 61.8% Fibo retrace of the prior decline converges with the 4H moving average, following a clean break above thefair value gap. This setup boasts strong bullish confluence, backed by a 43.7 RSI and aggressive London session buying. Target 1 locks in at 4210.26, capping the bearish head & shoulders pattern. Stop placed at 4114.23.
Market context
What was true around XAUUSD when this call was published.
There were no other open XAUUSD calls when this was published.
7 graded calls, 57% closed above breakeven, mean +0.10R. Frozen as of the post — it is not recomputed.
Across all 17 graded XAUUSD calls on TradeLiveX from 16 traders, 29% closed above breakeven with a mean of -0.24R.
Discussion
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