The first 15, 30 or 60 minutes of each session — with breakout status, targets at 0.5×, 1× and 1.5× the range, and stop levels.
An XAUUSD opening range breakout (ORB) marks the high and low of the first 15, 30 or 60 minutes of a trading session, then looks for a decisive close above the high (long) or below the low (short). The stop usually goes on the other side of the range — or at its midpoint for a tighter stop — with targets projected at multiples of the range height.
A breakout counts only when a 5-minute candle closes outside the range; a wick poking through doesn't count. Targets are projected 0.5×, 1× and 1.5× the range height beyond the broken edge, and each target shows whether it has already been reached this session.
Many XAUUSD traders use the first 30 minutes of the London or New York session. Shorter 15-minute ranges trigger earlier but break falsely more often; 60-minute ranges are slower but more reliable.
The standard stop is the opposite side of the opening range. A tighter alternative is the range midpoint, which risks less but is hit more often.
A false breakout is when price closes outside the opening range and then quickly reverses back inside. Requiring a candle close rather than a wick, and avoiding ranges formed right before major news, reduces false breaks.
It can, but no strategy works all the time. Results depend on the session, range length, volatility and filters you use, so test any ORB rules on historical gold data before trading them with real money.
See all XAUUSD trading tools or the XAUUSD signals track record.
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