GOLD position | 18 may 2026

Follow price GOLD 🔽
❇️Analysis description::

• 🔽​Sell Setup: Followed price below $4510
• 🔼​Buy Setup: Followed price above $4563

1. 1️⃣ Execution is only valid if a candle closes with these criteria on the M5 timeframe:
2. 2️⃣ Valid Breakout: At least 80% of the candle body must close outside the level in the direction of the trade.
3. 3️⃣ Momentum: Body size must be at least 2x the shadows (No Doji or Pin bars).
4. 4️⃣ Relative Size: Body should be average-to-large compared to recent candles.
5. 5️⃣ The trade is valid on Pullback: If the price breaks through the breakout level again, you can enter the position with the confirmation candle as mentioned

Position Management:
🔴 Stop Loss (SL):
Placed behind the last swing prior to the breakout.
🟢Take Profit (TP):
Target levels are marked numerically on the chart.
🔼Note: Only take trades with a minimum 1:1 Risk/Reward ratio. Use Risk-Free (Break-even) for higher targets.

• ⚠️Risk Warning: Please follow proper risk management if you enter based on this analysis.

• 💬 Join the Discussion: I'd love to hear your thoughts on this setup in the comments! For direct inquiries or more details, feel free to message me in private chat.