📔 Trading Journal#gold#xauusd#journal#lesson
P
Price Action Pro
Trader ·
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Gold trade recap from today — a tough one mentally.
Entered long at $2,362 this morning at the London open after seeing a clean bullish engulfing on the 1H chart at the demand zone.
At 10:30 AM, a Fed official made comments that spooked markets. Gold dropped $18 in 8 minutes to $2,344 — blew through my stop at $2,350.
Loss: -0.8% account.
Then — classic — gold recovered to $2,375 within the hour. The setup was right, the level was right, but I got stopped by Fed noise.
Lesson learned: Before entering gold positions, I need to check the Fed speaker calendar. I didn't today. A Fed official speaking at 10:15 AM EST was on the calendar — I just didn't check it. Never again.
Have you been stopped out by Fed speaker noise on gold? How do you manage around them?