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Asia high fake break on gold: a replay and some rules

Posted: Tue Oct 20, 2026 9:14 am
by FXS London Scalper
A common pattern in XAUUSD: price pushes above the Asia session high in the first 15 minutes of London, triggers breakout buyers, then reverses and drops through the range.

Rough replay of a typical example (prices shown relative to the Asia low, since the absolute level doesn't matter):

- Asia range: low +0.00 to high +5.50.
- 08:03 UK: price ticks to +6.70 and stalls.
- 08:06: a 1-minute candle closes back inside the range at +4.90.
- 08:15: price is at +1.50.

The fake break is easy to see afterwards. In real time, some filters help separate it from a real breakout:
  • Break size. A real break usually extends at least 30–40% of the Asia range within a few minutes. A fake one stalls at 10–20%.
  • Close back inside within 3 candles: high fake-break probability.
  • US yields or DXY not confirming the move.
  • A break that happens right at 08:00 on low volume tends to be weaker than one at 08:20 after the open settles.
Entry for the fade is the close back inside, stop above the fake high, target the Asia midpoint.

Has anyone tracked how often the first break of the Asia high on gold fails? Would be good to compare numbers.