FJ Trading Systems

Gold holds in a bullish structure on the H4 with bullish momentum on the H1. H4 EMA 50 sloping higher, price holds above the 200 EMA with bullish RSI divergence on the daily. H1 EMA 50 crossed above H1 EMA 200 (golden cross trigger). Price consolidating above the value area high.

Key structural zones aligned with trend direction. Previous Daily High at 2500.000, Previous Daily Low at 2470.000. H4 Order Block spanning 2495.000 - 2487.000. Liquidity sits above PDH at 2500.000 - tagged and respected in Asian session. Fair Value Gap on the H1 between session open and value area high remains unfilled, acting as a magnetic retest zone. Untapped liquidity above PDH suggests a sweep-and-reverse structure if price reaches the 2405 handle.

Optimal entry parameters favor a limit order at the 85% Fibonacci retracement level (85.0% - the Golden Pocket zone of the measured move from PDL to PDH). The 85.0% level intersects with the H4 Order Block midpoint, creating a high-probability premium/discount array. Stop loss placed 27 points (1.5x ATR) below the entry at 2485.000. Take profit targets: TP1 at prior day high (+1:1 risk/reward), TP2 at weekly open (+1:2.5), TP3 at the 200 EMA on H4 (+1:4). Position size calculated at 0.5% account risk per the FJ Guardrail 2% daily drawdown rule.