The four recurring errors in gold news trading are chasing the second candle once the first has already moved, holding a position through the reversal that follows the spike, trading a directional guess before the release, and over-sizing because the move looks too obvious to be wrong. Each has a hard rule and a journal prompt attached.
The four recurring behavioural errors in gold news momentum trading are chasing the second candle after a release has already moved, holding a position through a reversal caused by a second scheduled event, trading a directional guess ahead of the print, and over-sizing a trade because the move looks obvious once it has formed.
Each carries a mechanical rule set before the release rather than adjusted during it: no entry without a held pullback and a structural stop, flattening before any second event inside the same session, no new positions in the ninety minutes before a tier-one release, and a fixed half-size cap regardless of conviction.
A short pre-release checklist — confirming flat, no pre-formed prediction, a plan to do nothing in phase 1, pre-decided size, and a written exit plan for a second event — addresses the one moment in gold trading where discretion is most likely to fail because it removes the decision from the moment itself.