Anchored VWAP on Gold: Why Price Rejected This Line
How an anchored VWAP works on a real gold example from 10 and 11 September 2026. Anchored at the swing high, the line shows the average price paid by every buyer since the top. When gold bounced back to it, a 15-minute wick poked above and a red candle closed back below. That close was the sell entry, and the target at two times the risk was hit about five hours later.
Key points
The anchor: the swing high on 10 Sep 2026 at 06:00 UTC, $4,479.9, followed by a drop to $4,341.4 ($138.50).
The line: VWAP built from real 15-minute volume, starting at the swing high. It is the average price paid by every buyer since the top.
The retest: on 11 Sep the 06:00 UTC 15-minute candle wicked to $4,402.0, just above the anchored VWAP (about $4,400).
The trade: the 06:15 candle closed back below at $4,392.9 (sell), stop $4,403.0, target $4,372.7 (2R), reached by the 11:30 UTC candle (low $4,372.1). The stop was not touched.
Chart data: COMEX gold futures 1-hour and 15-minute OHLC with volume (UTC), 10-11 Sep 2026. Education only, not a signal.
Read more: VWAP on Gold (XAUUSD): Session VWAP, Anchored VWAP, Bands and Setups · Vwap
Transcript
Sell here. Target hit, five hours later.
Here's exactly why.
Gold, one-hour chart. A swing high at 4,480, then a drop of almost a hundred and forty dollars.
Big funds grade their fills against VWAP: the average price, weighted by volume.
Anchor it to the swing high. Now the line is the average price of every buyer since the top.
Price is far below it. Those buyers are losing.
Next day, gold bounces back to the line. Trapped buyers sell to get out flat.
On the fifteen-minute, a wick pokes above, to 4,402. Then a red candle closes back below.
Sell at 4,393. Stop above the wick, 4,403. Target, two times the risk, 4,373.
Target hit. Anchor. Retest. Reject.
