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Commodities · indicator signal

Volume profile bounce on Gold

On Gold the volume profile bounce showed up 127 times. The target came first 43% of the time, the stop 55%, and 2% went nowhere within 12 candles.

Counted on Gold futures: daily candles from January 2015 and hourly candles from September 2024.

By timeframe

TimeframeFoundTarget firstStop firstWent nowhere
Daily6248%48%3%
Hourly6537%62%2%

Gold against the rest

ChartsFoundTarget firstStop firstWent nowhere
Gold12743%55%2%
All Commodities charts49339%57%5%
Every market61,33036%58%6%

Year by year

YearFoundTarget firstStop first
2016956%33%
20201060%40%
20211010%80%
20221155%45%
2023540%60%
20243647%50%
20253933%67%

The last 8 times

Counted by the Trading Class research engine on real past candles: entry at the signal candle's close, target 1.5 × ATR(14), stop 1 × ATR(14), 12 candles to decide, a candle that touches both counts as the stop. How we count. Past data, not a forecast and not advice.

What the volume profile bounce is

Price fell back to the price where the most trading happened, and bounced.

Imagine a market stall where most shoppers agreed on a fair price all week. When the price drops back to that fair price, shoppers who know it is a good deal rush in, and the price climbs again. The point of control is the price where the most trading happened, and a volume profile bounce is when price falls back to or near it and bounces up.

The full volume profile bounce lesson, video and quiz ›

Other patterns on Gold

Inside bar · Stochastic bearish cross · Spinning top · Stochastic bullish cross · MACD bearish cross · Doji · RSI overbought drop · Volume profile rejection · EMA 9/21 bearish cross · MACD bullish cross · all of them

The volume profile bounce elsewhere

Silver · Crude oil · Copper · Natural gas · Dow Jones · S&P 500 · Sony · Ethereum · Bitcoin

Questions

How often does the volume profile bounce work on Gold?

In 127 cases on Gold, the target (1.5 × ATR) came before the stop (1 × ATR) 43% of the time and the stop came first 55%; 2% went nowhere within 12 candles.

What is the volume profile bounce?

Price fell back to the price where the most trading happened, and bounced.