XAUUSD Buy From $4722 - Booked Profit Before London Open | Asia Session Trade

Hey Leo traders 👋

Couldn't sleep last night so I opened the charts around Asia session. XAUUSD was hovering around the $4722 psychological level and my model created a clean setup. I take the trade and booked 140 pips Alhamdulillah

Trade Breakdown:
Pair: XAUUSD / Gold
Direction: Long
Entry: $4720.75
Stop Loss: $4715.54 = 74 points risk = 0.5% of account
Take Profit: $4736.15 was the target for 1:2.5

RR

Why I Took The Trade:

1. H4 structure was bullish with a clear higher low forming
2. $4720 was Asia session low + previous support zone
3. 15M printed a strong bullish engulfing candle with volume
4. DXY was showing early signs of weakness

Trade Management:
Price rallied to $4720 and got rejected 3 times. With London open coming up in 30 minutes, I didn't want to give back the profit.

Closed manually at $4720 for +91 points = +$141 on 0.1 lot ✅

Risk to Reward achieved: 1:2.5. Not the full TP but a green trade is always better than a red one.

Key Lessons:

1. Round numbers like $4720 act as magnets for Gold. Always watch reactions there.
2. Asia session lows often become the daily low. If it holds, bounce plays work well.
3. Taking profit before major sessions like London is solid risk management.

Chart with entry and exit marked below 👇

Did anyone else catch this bounce? Drop your entry levels in the comments.

Will post tomorrow's analysis during Asia session again.

#xauusd #gold #trading #leo #proofofbrain #forex #pob #tradingview