Day 10 · Gold (Wednesday, 7 October 2026)

Day 10 · Gold

+213.2 gold pips+£16.101/1 winsBalance £365.82

Wednesday 13:00 UK: gold dropped $55 in one hour. My buy limit at the 4,073 gamma Put Support filled at 13:40; the low was 4,066.5, right on the gamma 1D Min. Out at the 2R take-profit at 14:16.

Market context

Gold sold off all morning from 4,149 to 4,109, then dropped about $55 in the 13:00 UK hour straight into the gamma Put Support (4,073.8) and the gamma 1-day minimum (4,066.8).

Key levels

4,123.8 · GEX 14,098.8 · GEX 24,073.8 · GEX Put Support4,066.8 · GEX 1D Min (expected low)

The plan

Not my usual 1h rejection setup: an experience-based limit order at the gamma Put Support after a big push down, stop under the gamma 1-day minimum, target 2R.

What happened

After the big push down I set a buy limit at the 4,073 gamma Put Support with the stop at 4,062.81 (under the gamma 1D Min at 4,066.8) and a 2R take-profit. It filled at 4,073.98 at 13:40 UK. The low was 4,066.5, right on the 1D Min, and price bounced straight back. The take-profit at 4,095.30 hit at 14:16 UK: +£16.10, about 2R.

Trades

buy

Gamma limit (discretionary)13:40 UKXAUUSDLots 0.01In 4073.98Out 4095.3SL 4062.81TP 4095.3Risk $11.17WinFollowed plan ✓

+213.2 pips£16.10 · +1.91R

Gamma limit (outside my usual 1h strategy): buy limit at the 4,073 GEX Put Support after a $55 drop, stop under the 4,066.8 GEX 1D Min, 2R target. Limit filled at 13:40 UK. Stop 4,062.81 ($11.17), take-profit 4,095.30 (about 1.9R) filled at 14:16 UK. Low 4,066.5 ($7.48 against). +£16.14 before £0.04 commission.

Lessons

Experience and the gamma map can work together: after an extended drop, a limit at the Put Support with the stop past the 1D Min gave a clean 2R. I'll track these 'gamma limit' trades separately from the 1h strategy so I can see how they do over time.