Order Block on Gold: One Red Candle, Then +$73
The order block explained on a real gold example from 2-3 November 2026: the last red candle before a $57 push, the break of the last high, the return into the block a day later, then entry, stop and target.
Key points
Order block (4H, UTC): the Mon 2 Nov 08:00 red candle, high $3,916.4, low $3,900.1. The 12:00 candle closed $57.3 higher ($3,968.0) and broke the last high at $3,928.1.
Return: on Tue 3 Nov the 08:00 candle dipped to $3,904.1, inside the block and above its low, and held.
Entry at the top of the block ($3,916) with a stop under it ($3,898) risks $18; Monday’s high at $3,980.8 gives a $3,980 target, about 3.5R. The 12:00 candle reached $3,981.7.
A past example for education, not a signal. Not every order block holds, which is why the stop sits under the block.
Chart data: COMEX gold futures 1-hour OHLC (UTC) grouped into 4-hour candles, 29 Oct - 3 Nov 2026. Education only, not a signal.
Read more: Order Blocks on XAUUSD: Identification, Refinement and Risk · Smart Money Concepts (SMC) for XAUUSD: A Balanced Guide · XAUUSD Market Structure: Trends, BOS and CHoCH Explained
Transcript
Gold came back to one red candle. Then it ripped $73.
That candle is an order block. The last red candle before a big push up.
Monday, four-hour chart. The red candle. Then a $57 green candle. It breaks the last high. Structure turns up.
Mark the red candle. That's your zone. Tuesday, price falls back into it. Low, $3,904. Now watch.
Entry at the top of the block, $3,916. Stop under the block, $3,898. Eighteen dollars of risk.
Target, Monday's high, $3,980. Three and a half to one. The next candle tagged it.
Red candle. Push. Return. Entry. Stop. Rewatch the red candle. That's the footprint.
