What's the strategy for buying gold in forex trading?

What's the strategy for buying gold in forex trading?

Rihari's trading video frames a gold buying strategy around three checks: read market structure for a liquidity grab, mark a point of interest on a lower timeframe, then enter only once a candle closes back through that level. Every entry in the video pairs with a stop loss and a pre-set risk to reward target before the trade opens.

The video is a day-in-the-life vlog rather than a course, so it shows the strategy being applied rather than taught in isolation. Across one trading day, Rihari and his team scan the gold chart before the Asia session opens, update their Discord with the plan, then step away to train, eat and film, returning to the charts each time a session opens. Rihari says gold's own personality changed through the day: a slow, bank-holiday-quiet Asia open, a liquidity sweep below a five minute support level, then a push into New York volume that produced the day's biggest move. The strategy is built to work with that rhythm rather than against it, waiting for a level to be taken out and for price to close back through it before committing.

Everything in this article describes what one video shows Rihari saying and doing on one trading day. It is a personal, narrated account, not a performance record, a licensing offer, or a claim about typical results for Ambitious Investing, and it should be read that way throughout the sections below.

What steps does Rihari follow before entering a gold trade?

The video shows a repeatable sequence rather than a single rule, moving from a higher timeframe read down to a one minute entry trigger. Each step narrows the setup until only a confirmed liquidity grab and a matching point of interest remain.

1. Scan the gold chart before the session opens and post the plan to the team Discord, so the read is written down before price has moved.
2. Wait for session volume to arrive; Rihari says Asia, London and New York each behave differently for gold, and he treats a quiet, illiquid open as a reason to wait rather than trade.
3. Watch for a liquidity grab, price pushing through a recent high or low far enough to trigger stops resting there, which the video treats as the first sign a level is being tested.
4. Drop to a lower timeframe (the video uses the one minute and five minute charts) to mark a point of interest, a specific area where price is expected to react rather than simply continue.
5. Wait for a candle to close back through the level rather than entering on the wick alone; Rihari points to a 15 minute candle that wicked below support and then closed back above it as the trigger that told him the move down was over.
6. Enter with a stop loss placed beyond the point of interest, so the invalidation level is fixed before the trade is live.
7. Target the next point of interest or structural high identified in the pre-session analysis, and take profit into it rather than waiting for a fixed number of pips.
8. Reassess after the trade closes, update the team on Discord, and repeat the process for the next session rather than continuing to trade the same read.

Rihari describes this as the same "repetitive strategy" repeated across sessions in the video, not a different method for each trade. Each of the day's three gold trades, discussed in the comparison section below, follows this same sequence with a different trigger pattern supplying step three.

How does market structure and liquidity drive gold entries in the video?

Rihari says he trades gold by watching for the market to break its recent structure, then take liquidity below or above an old level, before reading how price closes relative to that level on several timeframes at once. A close that holds beyond the level confirms the move; a close that fails signals a reversal back into range.

In the video's breakfast trade, gold pushed down and swept liquidity below a support area on the one and five minute charts, showing a "body closure below certain levels." A 15 minute candle then wicked through the same area but closed back above it, which the video treats as the signal that the down move had exhausted itself. Rihari entered a buy from that point and describes gold "absolutely pumping up" afterwards, closing the trade above his original target. Later, at lunch, the team read a similar pattern on a lower timeframe: a liquidity grab below a five minute point of interest, followed by higher highs and higher lows, which the video calls a sign that price did not yet want to come down. The New York session trade followed the same logic in reverse, with Rihari describing a "breaker structure" (a broken high that price returns to before continuing) forming before he bought a pullback into it.

Across all three trades, the distinction Rihari draws between a wick and a close is doing most of the work. A wick beyond a level shows that liquidity was taken; a close beyond it, on the timeframe he is using to judge the setup, is what he treats as confirmation that the move has direction rather than just noise. He applies that same close-versus-wick read whether the level in question is a support area gold is sweeping through, or a high that has become a breaker structure for a New York re-entry, which is why he describes the underlying method as repeatable across different-looking chart patterns.

What is a point of interest, and why did it matter for gold this day?

A point of interest, in Rihari's terms, is a specific price area on a lower timeframe where the team expects price to react, marked ahead of time and checked against the analysis shared with the wider team. It is where an entry is taken, not just a zone that is watched.

Rihari says the team marks these areas from the daily analysis they post before the session, then set alerts so they do not have to watch the chart constantly, for example missing part of the Asia move while at the gym before dropping to the one minute chart to check whether the level still held. On the day of this video, the team's shared analysis had already flagged an area for gold to push into and a set of lows further down that price might target afterwards. When the New York session opened, the point of interest the team had been "waiting for pretty much all day," in Rihari's words, was the same level their morning analysis had marked, and it became the take profit target for the final trade of the day.

Why does session timing across Asia, London and New York matter for gold?

Rihari treats Asia, London and New York as three separate trading windows for gold, each with its own volume and behaviour, rather than one continuous session to trade the same way throughout. He says the plan is to wait for volume to arrive before acting, not to force a trade into a quiet market.

The video's Asia session opens slow, which Rihari attributes partly to a bank holiday the night before, and the team wait for an alert to trigger rather than trading the open. London session in the video does not deliver a clean setup: price pushes higher without the pullback the team was hoping for, so it goes untraded. Rihari is explicit that missing that move was preferable to forcing an entry, saying the team would rather wait and "not FOMO into anything" than trade a market that had not confirmed a direction. New York, by contrast, is where the day's largest and final gold trade develops, coinciding with the breaker structure setup described above. Rihari also trades other instruments through the same session structure in the video, including JP225 during the Asia session, describing it as an "underrated" pair that "moves real nice" with slow, clean structure, and US30 and NASDAQ trades taken later in New York.

How did Rihari's three gold setups in the video compare?

The video shows three separate gold trades taken across three sessions, each using the same liquidity-and-structure method but triggered by a different pattern. Rihari reports a result for each trade in the video; these are his own account of that day's trading and are not independently verified figures.

| Setup | Session | Trigger described by Rihari | Reported outcome (Rihari's account) | |---|---|---|---| | Continuation buy after liquidity grab | Asia (breakfast) | 15 minute candle wicks below support, closes back above | Closed above original target; Rihari calls it "one of the entries we like to get into" | | Value area re-entry | Pre-London / lunch | Liquidity grab into a five minute point of interest, higher highs and higher lows forming | Rihari estimates a "one to four, one to five" reward to risk, calling it "not bad" | | Breaker structure buy | New York | Price breaks a high, pulls back to that broken structure, closes back through | Reported as a "one to four" trade, still open when discussed on camera |

Because these are self-reported outcomes narrated inside a single vlog, they describe what Rihari says happened on this specific day. They are not a track record, a typical result, or a claim about what any other trader using the same method would achieve.

What is Rihari's three-part framework for becoming a profitable trader?

During a mentorship call shown in the video, Rihari sets out three things he says a trader needs to be consistently profitable: an edge (a defined trading plan and set of setups), a risk to reward and risk management plan, and control over psychology and emotion. He presents these as the structure his own mentorship sessions are built around.

The first piece, the edge, is what the earlier sections of this article describe: a specific strategy (liquidity grabs, points of interest, market structure) and a trade plan that defines what setups to look for. The second piece is a risk to reward target, which Rihari says can be 1:1, 1:2, 1:3 "or whatever it's going to be," combined with a decision on how much of the account to risk and whether that risk is fixed or dynamic. The third piece is psychology, which Rihari frames as removing emotion from decisions, something he says the mentorship group works through when building a trade plan in detail rather than leaving it as a vague intention. Rihari says this three-part structure is what he teaches inside his mentorship calls; the video does not describe pricing, enrolment, or how the mentorship is structured beyond that single group call.

Within that second piece, Rihari names fixed and dynamic risk management as the two options a trader chooses between, without stating a preference for one over the other in this video. A fixed plan risks the same amount or percentage on every trade; a dynamic plan varies the risk from trade to trade, and the video does not go further than naming the distinction and saying it is covered "in as much detail as we can" during the mentorship call. Any further description of how a dynamic plan should be sized or adjusted would go beyond what Rihari says on camera. Later in the same session, Rihari separately mentions that the team's aim for the day was "anywhere between 2 to 5%," with a floor of "still have only got to be 2%." That figure is presented as a stated goal for that trading day, not a guaranteed return, an advertised typical result, or a claim that any trader following the same plan would achieve it.

What do independent statistics say about the risk of trading gold and forex?

Independent regulatory and market data describe a market that is large and highly liquid, and one where most retail participants in similar leveraged products lose money over a full year. Neither figure below comes from Rihari or Ambitious Investing; both are published by independent bodies.

The foreign exchange market that gold trades within is enormous by any measure: the Bank for International Settlements' 2025 Triennial Survey put average daily OTC foreign exchange turnover at US$9.6 trillion in April 2025, which is the scale of liquidity available to a trader entering or exiting a gold position at any session. That scale, though, does not translate into favourable odds for most retail traders. ASIC's Report 828, Risky business records that 68% of Australian retail CFD investors lost money in the 2024 financial year. Gold is commonly traded as a CFD or leveraged spot product by retail accounts, so that statistic is directly relevant background for anyone applying the strategy described in this article, regardless of how any individual trade in the video performed.

Read together, the two figures describe the environment the strategy operates in rather than the strategy's own odds. A market moving US$9.6 trillion a day gives a retail gold trader the liquidity to enter and exit at the levels this article describes, but the same leveraged, fast-moving conditions are the backdrop against which the majority of Australian retail CFD accounts lost money in the 2024 financial year. Neither statistic says anything about Rihari's own results, verified or otherwise; readers weighing whether to apply this strategy should treat the single trading day shown in the video as one narrated account, and treat the ASIC and BIS figures, both independently published and linked above, as the closest thing in this article to a verified fact about the wider market.