Asian range
Also called Asia session range. What it means, how it looks on a gold (XAUUSD) chart, and the mistake most traders make with it.
Asian range: The Asian range is the high and low gold makes during the quiet Asian session. Its edges collect stop losses, and London often sweeps one side before the real move of the day.
Asian range on a gold chart
Gold trades between $4,108 and $4,121 overnight. At the London open it drops to $4,103 (sweeping the Asian low) and then rallies to $4,140 into New York.
How traders use it
Traders mark the range each morning and watch which side London takes. The sweep plus a shift back inside is a common London setup.
Common mistake
Trading breakouts of the Asian range at the London open. The first break is often the false one.
Questions
What does asian range mean in trading?
The Asian range is the high and low gold makes during the quiet Asian session. Its edges collect stop losses, and London often sweeps one side before the real move of the day.
How is asian range used on gold (XAUUSD)?
Traders mark the range each morning and watch which side London takes. The sweep plus a shift back inside is a common London setup.
Educational content, not financial advice. Every concept here is a probability, not a guarantee.
Free daily gold key levels every weekday at 05:30 GMT, and every Tradedge Pulse trade on the public record.