Gold - Reversal Strategy Long Setup

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Gold - Reversal Strategy Long SetupMicro Gold FuturesCOMEX_MINI:MGC1!flukefluke_🍀Overview I am not a discretionary technical analyst, so I rely on predefined setups rather than subjective chart analysis. I built the rules into a strategy to make the decision-making process more systematic. This setup occurred before I developed the strategy. I am documenting it retrospectively and will continue to follow the trade until the strategy or I exit the position. 🍀Process Ticker: MGC1! Date: 25/03/2026 Timeframe: Daily Direction: Long Strategy: Reversal Strategy Strategy Overview: Overview: A Reversal Strategy for Trading on the Daily Timeframe Strategy Chart: Please refer to the 2nd screenshot Signals Main signal: RSI crossed above 30, indicating an exit from the oversold zone. This contributed a score of 0.5 Confirmation signal: The NATR Oscillator reached 88.6, exceeding the required threshold of 80. This contributed a score of 0.5 Signal Scoring Long setup score = main signal score + confirmation signal score = 0.5 + 0.5 = 1.0 Long score threshold: 1.0 The long setup score met the required threshold. The strategy therefore placed a long bracket order. Risk Management Reward-to-risk ratio: 4:1 Entry: 4677.9 (the close of the setup candle) Stop distance: 795.6 (approximately 4x daily ATR) Target distance: 3182.5 (approximately 16x daily ATR) Order Management: Bracket order Limit entry: 4677.9 Market stop: 3882.6 Limit target: 7859.5 Baseline Assume the worst has already happened: the stop loss has been reached. 🍀Outcome Trade Execution The strategy executed the long trade at the open of the following trading day. Trade Status Trading: active Stay lucky!🍀