Day 12 · Gold (Friday, 9 October 2026)

Day 12 · Gold

−233.3 gold pips−£17.420/2 winsBalance £347.88

The A+ setup as posted: the 4-hour candle (03:00-07:00 UK) wicked through 4,203 and closed back below.

Friday 03:25 UK: sold under the 4,173 gamma Call Resistance after a $32 rally. Price kept going and the stop was hit at 05:21.

The A+ sell at 4,203: it reached 4,168.6 (+$25) on Friday but never hit the 4,147 target. Held over the weekend, it was stopped at 4,206.10 early on Monday.

Market context

Gold rallied hard from 4,143 into Friday's Asia session, through the 4,173 gamma Call Resistance and up to the strong 4,203 level, where both the 4-hour and 1-hour candles rejected.

Key levels

4,203 · July swing high + 4,200 (strong) + GEX 1 4,1994,173.4 · GEX Call Resistance (Thu settlement)4,147 · Target, before the 4,149 next-expiry Put Support

The plan

Gamma levels plus my strong levels: sell rejections at resistance, A+ when the 4-hour and 1-hour reject together at a strong level with gamma.

What happened

At 03:25 UK I sold 0.01 lots at 4,171.59, under the 4,173 gamma Call Resistance, while the rally was still running. It pushed through and stopped me at 4,182.66 at 05:21 UK: −£8.40. Then the A+ came: the 4-hour and 1-hour candles both wicked through 4,203 (with GEX 1 at 4,199) and closed back below. I sold 0.01 lots at 4,193.84 at the 07:00 open, target 4,147.32. It reached 4,168.6 at 13:00 (+$25, about 2.3R) but never got to the target. I held it over the weekend; gold opened Monday and rallied, and the stop was hit at 4,206.10 at 01:14 UK: −£9.02 including swap.

Trades

sell

Gamma level03:25 UKXAUUSDLots 0.01In 4171.59Out 4182.66SL 4182.66TP 4151.06Risk $11.07LossFollowed plan ✓

−110.7 pips−£8.40 · −1.00R

Sell under the 4,173.4 gamma Call Resistance, entered at 03:25 UK inside the 03:00 candle after a $32 rally. Stopped at 4,182.66 at 05:21 UK. −£8.36 plus £0.04 commission.

sell

1h/4h rejection (A+)06:58 UKXAUUSDLots 0.01In 4193.84Out 4206.1SL 4205.17TP 4147.32Risk $10.83LossFollowed plan ✓

−122.6 pips−£9.02 · −1.13R

A+ setup: 4-hour and 1-hour both wicked through the strong 4,203 (July high + 4,200) with GEX 1 at 4,199 and closed back below; sold the 07:00 open, target 4,147.32. Best price 4,168.62 on Friday 13:00 UK (+$25, about 2.3R). Held over the weekend. Stopped at 4,206.10 on Monday 12 Oct 01:14 UK. −£9.26 + £0.28 swap − £0.04 commission = −£9.02.

Lessons

The A+ was right for most of Friday (+2.3R at best) but a far target and a weekend hold turned it into a loss. On an open profit that big, take some off or move the stop down before the weekend.