Opening Range Break defines gold range over the first part of a session, then trades the break of it. Once the session window closes, the model stops looking for entries.
What it does: Builds the opening range over a fixed window from the session open. Trades the first break of that range, with the stop on the other side. Stops taking entries when the session window ends.
When it works: London and New York opens, where gold volume arrives at a known time. Days where the opening range is tight and clearly defined. Normal, non-holiday sessions with a full opening auction.
When it struggles: Wide, messy opening ranges that leave no sensible stop. Early closes and holiday sessions, when the clock is not the usual one. Days where the real move happened before the session opened.
What the trader controls: 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. You can switch the model off at any time, and reducing or closing risk is never blocked.
The method behind Opening Range Break is documented in full under XAU session breakout at https://goldhunts.com/gold-strategies/xau-session-breakout. GoldHunts publishes win rate and sample size for closed XAUUSD trades only — never profit or loss figures, and never a projection.
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