The breakout

Daily recap · GC · Asia · London · New York

2026-06-18
session closed

Gold (GC) traded a clean macro day on 2026-06-18, with price below its 20-day average (a downtrend backdrop). Overnight character read Asia wide · London wide, and the prior session was compressed.

Asia broke long at 19:09 ET and reached its target (+$20.8 / +1.21R). London broke short at 03:33 ET and reached its target (+$9.4 / +1.01R). New York broke short at 10:01 ET and reached its target (+$27.2 / +1.03R).

Of the validated New York edges, PECS · Small short was correct; IB MID50 long · 60m was not in play.

Breakouts frequently re-entered their ranges — a choppy, two-sided tape that rewarded patience over chasing the first move.

Into the NY open, the nearest level overhead was monday low at 4321.6 (+25.4); below, overnight low at 4257.9 (-11.9).

Asia · 18:00 ET

15-minute OR18:00-18:14 ET
$14.0 4273.3–4287.3
long · 18:17win
ran to4301.7 · +$14.4 +1.03R
pullbackre-entered -$8.0 -0.57R into range
30-minute OR18:00-18:29 ET
$17.2 4273.3–4290.5
long · 19:09win
ran to4311.3 · +$20.8 +1.21R
pullbackre-entered -$3.1 -0.18R into range
60-minute IB18:00-18:59 ET
$17.2 4273.3–4290.5
long · 19:09win
ran to4311.3 · +$20.8 +1.21R
pullbackre-entered -$3.1 -0.18R into range

London · 3:00 ET

15-minute OR3:00-3:14 ET
$8.9 4320.4–4329.3
long · 03:15loss
ran to4329.7 · +$0.4 +0.04R
pullbackre-entered -$13.9 -1.56R into range
short · 03:33win
ran to4311.0 · +$9.4 +1.06R
pullbackheld — no re-entry
30-minute OR3:00-3:29 ET
$9.3 4320.4–4329.7
short · 03:33win
ran to4311.0 · +$9.4 +1.01R
pullbackheld — no re-entry
60-minute IB3:00-3:59 ET
$22.6 4307.1–4329.7
short · 04:00win
ran to4280.4 · +$26.7 +1.18R
pullbackre-entered -$5.5 -0.24R into range

New York · 9:30 ET

15-minute OR9:30-9:44 ET
--
neither side triggered
30-minute OR9:30-9:59 ET
$26.4 4269.8–4296.2
short · 10:01win
ran to4242.6 · +$27.2 +1.03R
pullbackre-entered -$5.3 -0.2R into range
60-minute IB9:30-10:29 ET
--
neither side triggered
NY trend (SMA20)below · down
Macro dayclean
Session characterAsia wide · London wide
Prior daycompressed

Key levels · known before the open (position vs NY 30m OR)

Prior day high4403.6+107.4 above OR
Prior day low4237.4-32.4 below OR
Overnight high4350.2+54.0 above OR
Overnight low4257.9-11.9 below OR
Prior week high4388.6+92.4 above OR
Prior week low4046.2-223.6 below OR
Week open4346.4+50.2 above OR
Monday high4408.6+112.4 above OR
Monday low4321.6+25.4 above OR
Round number above4350.0+53.8 above OR
Round number below4325.0+28.8 above OR

How the validated NY edges called it

PECS · Small shortcorrect · win
IB MID50 long · 60mdid not apply today

Historical tendencies, not financial advice. Times in ET. Points/price lead; R in parentheses. Asia & London are factual recaps, not yet validated edges.