Gold Power Hours Strategy

Strategy: XAUUSD Gold Power Hours
(ideal for Tuesday to Thursday, 8:00–11:30 am NY and 1:30–3:30 pm NY)

Strategy Rules

1️⃣ Timeframe
Trade on 15 min and 1 hour charts

Confirm with the 4 h chart (trend direction)

2️⃣ Entry Conditions
✅ Main trend (confirmation):

50-period Simple Moving Average (SMA50) on the 4h chart

price above = only look for longs

price below = only look for shorts

✅ Momentum (confirmation):

RSI(14) on the 15 min chart

above 55 = bullish strength

below 45 = bearish strength

✅ Volume (validation):

Increasing volume (bar higher than previous) during NY open (8–9 am) or at 1:30 pm

confirms institutional interest

3️⃣ Entry Setup
🟢 Longs (buys):

Price above 4h SMA50

15 min RSI > 55

break of previous resistance (e.g., last hour’s high)

rising volume on the entry candle
👉 Enter on breakout + 2 pips of margin

🔴 Shorts (sells):

Price below 4h SMA50

15 min RSI < 45

break of previous support

rising volume on the entry candle
👉 Enter on breakout – 2 pips of margin

4️⃣ Trade Exits / Management
✅ Take profit (TP):

2 × the risk taken (e.g., SL 20 pips → TP 40 pips)

or the next significant support/resistance on H1

✅ Stop loss (SL):

below the last impulse candle (for longs)

or above the last impulse candle (for shorts)

minimum 15–20 pips to avoid stop hunts

✅ Break-even

move SL to entry point once +15 pips profit is reached

5️⃣ Additional Filters
✅ Avoid trading during red news (NFP, FOMC) until the first spike finishes.
✅ Avoid trading outside these windows:

8:00–11:30 am NY

1:30–3:30 pm NY