Gold (XAUUSD) No Trade — 2025-04-05
The objective is not to grade the P&L. It is to grade the decision.
Charts
Trade Review
4/5/25 $GOLD We closed to the downside pretty strong on Friday and the week. We have 2 PDL in proximity that will likely be the initial draw on liquidity. afterwards, we have a W+FVG that we may trade lower into and potentially lead us to range. Worst case for now is we trade into the FVG and get an initial bounce and contend with the previous wick and the Gap we inverted as an up side target for resistance. Once we trade into the gap we have a W+OB to deal with and if we trade outside of it we have another inverted gap to deal with as well. This is all in line with Dollar pushing up off of the M+FVG that it may be holding as we speak. We have news but mostly on the back end of the week starting Wednesday.
Chart Links
Cory publishes the working thesis before the session, not after — this Playbook and Trade Review are part of that same documented process. No signals, no highlight reel.
Read the full story →