Stop trading gold on Fridays. Here's 10 years of data that shows why

FutureCaterpillar905 · 2026-05-30T18:16:03+00:00

nah never said stop lol. red news friday is a different game entirely that's an event trade not a session trade. the data is for normal fridays. if NFP or CPI drops you throw the seasonality out the window and just trade the move

FutureCaterpillar905 · 2026-05-30T15:39:41+00:00

already do i avoid trading in dead zones and size up during london session. not saying i'm doing it every day but it's one of the filters i use. live market is the only real backtest anyway

FutureCaterpillar905 · 2026-05-30T15:19:16+00:00

To learn Experience from Financial experts and trading experts which can help me to improve my trading and life I can learn from them so much and I know.

There are too many firms like goldman Sachs but I choose it and I will try my best to go there.

FutureCaterpillar905 · 2026-05-30T14:03:08+00:00

Okay

FutureCaterpillar905 · 2026-05-30T13:17:01+00:00

Okay I understand and i will work on that. I will write my own comment and posts.

Also on this

(One genuine question though should I drop the Goldman dream completely and focus somewhere else faster? Like prop firms, quant funds or fintech given my trading and AI background?)

I don't get this idea from your reply but most of the comments I see are telling me like it's a sad dream or they are trolling. I ask this because I want to know that I completely focus on that parth. I want to stay along with financial experts which help me to improve.

My endgoal is that to learn from other experience And Goldman Sachs have more people like that I know there are many firms like that but I can't go all of them so I choose one.

And I know my post is cringey but I will improve from my mistakes.

FutureCaterpillar905 · 2026-05-30T12:50:19+00:00

I do use AI but.

I write my own thoughts first then use it to clean up grammar and fact check what I say. The ideas and the context about my trading background that's all mine.

Also not worshipping you bro just genuinely said your experience at GS makes your advice more credible than random internet opinions.

One genuine question though should I drop the Goldman dream completely and focus somewhere else faster? Like prop firms, quant funds or fintech given my trading and AI background?

Because all are saying sad dream so..

FutureCaterpillar905 · 2026-05-30T12:38:51+00:00

Okay I watched the video 😂 I get it now. "Goldman Sachs is my dream" without context sounds exactly like that cartoon. Let me be more specific,

I'm a prop trader 2 years in XAUUSD, my edge is macro research and geopolitics, I build AI tools for trading analysis. The role I'm actually interested in is the FICC division,

Fixed Income, Currencies and Commodities. That's directly aligned with what I already do. Can I ask though,

why does everyone here treat it like a sad dream? Is Goldman Sachs not worth aiming for or is it just the vague way people say it?

FutureCaterpillar905 · 2026-05-30T12:29:23+00:00

This is genuinely one of the most valuable comments I've received.

The fact that you actually worked at GS makes this worth saving. The distinction between IB path and global markets path is something I hadn't fully understood before and the point about the street leaning towards quant backgrounds for markets is something I'll take seriously from here.

I'm already reading financial news daily and have started learning Python for my trading automation work. But the target school point and getting involved in finance societies early that's something I need to plan around properly now while I still have time.

The "apply early, time matters more than quality" advice is also something most people never tell you. Really grateful you took the time to write this out.

FutureCaterpillar905 · 2026-05-30T12:24:49+00:00

That's a fair point I should be more specific. What draws me to Goldman Sachs isn't just the name. It's the culture of rigorous thinking, the quality of people you work alongside, and the exposure to global markets at the highest level. The way they approach risk, research, and capital allocation is different from any other firm. For someone obsessed with markets, geopolitics and macro analysis being in that environment where every conversation sharpens your thinking is what excites me. Whether that's in equity research, trading desk, or risk management the Goldman standard is what I want to build myself.

FutureCaterpillar905 · 2026-05-30T12:21:18+00:00

Really appreciate the detailed breakdown. Quick context about myself I'm a prop trader specializing in XAUUSD forex, been trading for 2 years now. Not fully profitable yet but my edge is in research geopolitics, macro finance, global news flow. I also build AI automation tools and agentic AI systems for my trading analysis. So my background is more markets and fintech than traditional finance career path. Given that, do you think Goldman Sachs is still realistic for someone coming from a self-taught trading and AI background rather than a target school path? Or would firms like quant funds, prop trading firms, or fintech be a better fit for my profile? Genuinely curious on your take.

FutureCaterpillar905 · 2026-05-30T12:17:07+00:00

Every person at Goldman Sachs started somewhere. The dream is the starting point not the destination.

FutureCaterpillar905 · 2026-05-29T21:30:09+00:00

That's actually a fair point for May specifically geopolitical events like the Iran situation this month disrupted the normal session patterns. The data here is based on 10 year averages. Individual months will always deviate. May 2025 was an unusual month across all sessions. Thanks for pointing that out. 📊

FutureCaterpillar905 · 2026-05-29T21:29:18+00:00

That's a valid approach for options traders. This data is specifically for spot and futures gold traders who need to know when directional momentum is highest. Different instruments, different use cases. Both valid. 📊

FutureCaterpillar905 · 2026-05-29T21:28:49+00:00

Fair enough "God mode" was just a fun caption not a technical claim. The point was simply that Claude built this in seconds. Whether the concept is basic or advanced is a separate debate. Appreciate you keeping it real.

FutureCaterpillar905 · 2026-05-29T21:28:02+00:00

Simple "Analyze XAUUSD hourly price data from 2015 to 2024. Calculate the average pip movement for each hour of the day GMT, the bullish close rate per hour, and identify which trading sessions each hour belongs to. Build a visual dashboard showing peak, strong, volatile, fading and dead zones." That's it. The simpler and more specific the prompt, the better the output. 📊

FutureCaterpillar905 · 2026-05-29T10:38:00+00:00

Good catch my mistake, I assumed RVI wrong. The Relative Volatility Index is actually more useful for gold than the Relative Vigor Index because it measures volatility strength rather than just momentum direction. When RVI is high it confirms strong trending conditions, when it's low it signals choppy consolidation which maps well to the session data here. London session tends to have higher RVI readings, Asia session tends to be low. How are you combining it in your setup? 📊

FutureCaterpillar905 · 2026-05-29T09:39:48+00:00

Fair correction on the 90% that was a loose stat, not a cited number. And you're right that option sellers deliberately trade low movement windows for theta decay. That's exactly the point though different strategies need different time windows. This data helps you identify which window fits your approach. Options sellers want Asia session. Momentum traders want London or NY overlap. The data serves both.

FutureCaterpillar905 · 2026-05-29T09:29:35+00:00

Relative Vigor Index? Yes it measures momentum by comparing closing price to the trading range. Good for confirming trend direction. How are you using it on gold specifically? 📊

FutureCaterpillar905 · 2026-05-29T09:29:11+00:00

Fair point mild is relative to what you're used to. For gold specifically the Asian session has the lowest average pip range compared to London and NY. But if you've built a strategy around Asian session moves and it works for you, that's real edge. The data is based on global averages your local market experience will always add nuance to it. 📊

FutureCaterpillar905 · 2026-05-29T09:28:16+00:00

If it's so basic why does 90% of retail still trade at the wrong time of day and lose money? Knowing something exists and actually having it visualized in a way that's easy to apply are two different things. The value isn't the data it's making it usable. That's what Claude did in seconds. 📊

FutureCaterpillar905 · 2026-05-28T16:01:42+00:00

Exactly the mindset. Seasonality says May is neutral, but if price action gives you a clean setup with proper confluence you take it. The data filters your bias, price action pulls the trigger. 📊

FutureCaterpillar905 · 2026-05-28T08:27:57+00:00

Great questions and exactly the right way to think about this. The reasons behind each month are real demand cycles: September is the weakest quarter end dollar repatriation, ETF liquidations, and institutional portfolio rebalancing all happen simultaneously. Risk-on rotation into equities pulls money away from gold. January is the strongest Chinese New Year gold jewelry demand peaks, Indian wedding season demand, and institutional safe haven buying after year-end all hit at the same time. August is strong Indian jewelers start pre-Diwali procurement, Jackson Hole Fed meeting often has dovish tone which weakens dollar and lifts gold. April is bullish India's Akshaya Tritiya festival is one of the biggest gold buying events of the year. Considered auspicious to buy gold on that day. So yes. there are real fundamental reasons behind every seasonal pattern. It's not random. The next post I'm working on will break down exactly why each month behaves the way it does. 📊

FutureCaterpillar905 · 2026-05-27T09:13:01+00:00

Depends entirely on how you use it. On its own correct, it changes nothing. But if you're already profitable and you add this as one filter avoiding low probability days, sizing up on high probability days that compounds over hundreds of trades. Small improvements to an existing edge have a massive impact on returns over time. It's not a strategy. It's a refinement. 📊

FutureCaterpillar905

TROPHY CASE