Scalping strategies for XAU (MT5)

1. The Mean Reversion – sell the rally : Set up – Wait for Time-frame (M1 /M5) impulse spike to $4232 – $4244 zone.
2. Trigger- Wait for RSI to touch overbought (above70) and form a bearish market structure break on the 1 min chart.
3. Execution – Short entry with a tight stop loss just above $4248. Target the recent intraday lows for a quick 1:2 or 1:3 risk to reward ratio.

The M15 Support Breakout Execution

• Setup : Monitor the current minor consolidation floor forming near $4156 – $4165
• Trigger: If the 15 min hart prints a strong, full bodied bearish candle that closes cleanly below $4155.
• Execution: Enter short on the immediate retest of the broken level. Place stop loss above the breakdown candles high. Target a quick 30-50 pip drop as the market hunts lower liquidity.