GHX-05 — PULLBACK CONTINUATION

This model requires an established trend, then waits for price to pull back to key levels (like moving averages or structure) before entering in the trend direction.

• It only considers a trade when the hourly chart is already in a confirmed trend, read from turning points the market had finished making.
• It then waits for a completed 15-minute candle to break clear of a known turning point in that same direction, and records the area around that level at the moment of the break — never afterwards.
• It measures how much of the preceding move price gives back. Too little is not a pullback, and too much is treated as a reversal rather than a pause, so it stands aside.
• The recorded area has to hold, with a visible rejection, and then a later completed candle has to close back in the direction of the trend. A pullback that arrives late, or one moving as fast as the move it retraces, is declined.
• A trade carries a stop beyond the extreme of the pullback and a target fixed just inside the earlier extreme of the move, both set before the order is sent, with only one attempt at any recorded area.
• It leaves early if price closes back through the recorded area, if the trade has gone nowhere after the first stretch, and it will not hold past its time limit or the session cutoff.
• If the conditions are not all present, it records a wait with the one reason that stopped it.

• Measures the depth of each retracement against the leg that produced it.
• Enters only when price shows it is turning back with the trend, not still falling.
• Anchors the stop behind the swing that must hold for the pullback to be a pullback.

The method itself is documented in full in Gold pullback entries. It explains the wider trading idea, its risks and the conditions that can invalidate it.

Performs well in trending markets with regular pullbacks to structure. Works when buyers/sellers consistently defend key levels during retracements.

• Orderly trends that breathe, rather than vertical one-way moves.
• Sessions with a clear directional driver behind gold.
• Higher timeframes, where pullbacks are large enough to price properly.

May miss strong moves that do not pullback. Can be whipsawed if trend changes character or pullbacks become deeper than expected.

• Vertical moves that never pull back, so nothing triggers.
• Deep retracements that turn out to be reversals rather than pauses.
• Ranges, where "pullback" and "reversal" look identical.

No model is right about gold all of the time. When available, it will act only while you leave it switched on, on an account you choose and within the limits you set.

• Risk per trade, as a percentage of the account or a cash amount.
• Daily loss limit — once hit, no new entries for the rest of the London trading day.
• Maximum open positions on gold at any one time.
• Sessions it may trade, and whether high-impact news blocks new entries.

Every order still passes the same pre-trade checks as a trade you place by hand. Reducing or closing risk is never blocked.

No demonstration trades published on this model yet. The record begins with its first closed forward-test trade.

No closed gold trades have been recorded for this model in that period.

Scope: XAUUSD only, closed trades only, grouped by London trading day, across Gold Hunts practice and real-money accounts. Cash outcomes are deliberately not published, because they depend on account size, lot size and leverage. Older rows do not always record whether the account was real or practice.

Pullback Continuation trades a method Gold Hunts has already documented in full. These 7 pieces cover the rules, the sessions, the failure modes, the risk arithmetic and worked examples on XAUUSD.

• Gold pullback entries: the full method

  The institutional guide to XAUUSD pullback entries: measuring retracement depth and shape, confluence zones, limit versus stop entry, trigger candles, invalidation, target logic and two fully worked gold trades.

• WHEN THE GOLD PULLBACK IS REAL

  When XAUUSD pullback entries actually work: hourly behaviour in UTC, the post-London-open retest, the NY overlap retest of the London break, a session-suitability table, day-of-week effects, DST handling and the hours to avoid.

• WHEN GOLD PULLBACK ENTRIES FAIL

  Why XAUUSD pullback entries fail: chasing a missed zone, impulsive retracements mistaken for dips, confluence-free fib levels, entering ahead of the trigger, ignoring higher-timeframe supply and demand, and buying every dip in a range.

• SIZING GOLD PULLBACK ENTRIES

  Position sizing XAUUSD pullback entries on the 100-ounce contract: stops beyond the retracement extreme, split-entry sizing, deep-retracement discounting, spread cost at entry, correlation risk and prop-firm constraints.

• THE PULLBACK PATIENCE PROBLEM

  The four behavioural failures that break XAUUSD pullback entries: waiting forever for a perfect retest, front-running the level, moving the limit order deeper, and entering a pullback that is really a reversal. A hard rule and journal prompt for each.

• JOURNALING THE GOLD PULLBACK

  How to record XAUUSD pullback entries so the record can actually be graded: fields, tags and screenshots to capture — level type, retracement depth in dollars and percent, confirmation trigger, time-to-fill — plus the edge-decay metrics that reveal when the setup stops working.

• THREE GOLD PULLBACK TRADES, IN FULL

  Three fully annotated XAUUSD pullback entries: a clean win with textbook confluence, a valid loss that followed every rule and still lost, and a trade that should never have been taken — with level, entry, stop in dollars per ounce, target, lot sizing from a stated balance and risk percentage, R outcome and a post-trade review.

• Trend Pullback Failure — Trades the case where a pullback fails to resume the trend.

See all twenty gold models