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The 87% Gold breakout setup [Video]

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
Youtube preview

Author

Kathy Lien

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.

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