The high/low band established in the first minutes of the session — the day's first battleground.
The Opening Range (OR) is the high-to-low band formed in the initial minutes of the New York session (commonly the first 1, 5, or 15 minutes). It's the first liquidity structure of the day: breaks of the OR define early directional bias, and failures of those breaks (sweeps) provide the morning's best Reveals. LA Traders marks the 6:30 AM opening candle in Gold as the OR anchor and treats everything else as context around it.
The first move of the day is often a trap. The opening range is the trap's blueprint — mark it, and you can see the trap being set.
OR: 5,839–5,843. Price breaks 5,843, runs to 5,845.50, and closes back inside the range. OR breakout failed. That's your short Reveal toward the OR low and beyond.
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