The 87% Gold breakout setup [Video]

Kathy Lien BKTraders and Prop Traders Edge

Most gold traders start the day watching the dollar, yields, headlines, and half a dozen indicators.

But this one 15-minute candle may tell you more than all of them.

I studied what happens after gold makes its first confirmed break outside the overnight range, and the results were surprisingly consistent:

87% in one direction over the past year, with one side holding at 85% over the past year

In this video, I break down:

The exact overnight range to mark
The candle that creates the signal
How to trade the pullback without chasing
The mistake that can completely destroy the edge

Author

Kathy Lien

BKTraders and Prop Traders Edge

Having graduated New York University’s Stern School of Business at the age of 18, Ms. Kathy Lien has more than 13 years of experience in the financial markets with a specific focus on currencies.

Ripple seeks higher support amid cooling on-chain activity and ETF demand

Ripple (XRP) is trading above $1.50 on Monday, as bulls struggle to sustain recovery. Despite the sideways price action between support at $1.45 and supply at $1.60, XRP remains supported by uptrending major moving averages and key momentum indicators.

Crypto Today: Bitcoin rally slows while Ethereum and XRP extend recovery amid slowing ETF inflows

Bitcoin is narrowly consolidating while trading above $86,000 at the time of writing on Monday. Altcoins, on the other hand, show a positive outlook, with Ethereum edging higher above $2,700 while Ripple steadies above $1.52.

AI Tokens Price Prediction: Capital rotation fuels FET, VIRTUAL, and NEAR rallies

AI tokens, including Artificial Superintelligence Alliance, Virtuals Protocol, and NEAR Protocol, are leading gains over the last 24 hours. This suggests a rotation of capital from previously favored DeFi tokens into AI tokens.

Bitcoin holds $86K as ETF inflows, Fed hike bets ease

Bitcoin holds the $86,000 mark at the time of writing on Monday after three consecutive weeks of gains over 12% since mid-September. Institutional demand supports the bullish price action, with BTC spot Exchange Traded Funds recording the third week of positive flows.

Bitcoin: Is BTC setting up for an Uptober rally?

Bitcoin (BTC) extends its gains, trading near $86,000 at the time of writing on Friday after closing September 6.33% up, reversing its seasonal weakness. Historical data suggest October could be a strong month for BTC, especially after a positive September.