Knights of Gold (Gold/FOREX Analysis/Trade ideas)
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We trade level to level. Follow at your own risk. Always use a sensible stop loss. Strictly for educational purposes, not trading advice. We are showing you what we analyse and how we trade the markets.
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Looking at Gold this morning with it being the first day of the month, and April fools day, I would expect the unexpected. I'm looking at the above as the potential range for the session to come with support below at 3110 which will need to break to go lower and resistance above at 3150 which needs to break to go higher.
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While traders are trying to take chicken feed pips on Gold. Pips are being smashed on other pairs! Happy 1st of the Month 🔥
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Expecting choppy price action today until the Trump takes the stage late in the US session. We've hit our gold target for the day and traders can now switch to the red boxes. Support 3110 needs to hold us up while 3135 needs to break to go higher.
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Thank you very much Humpty Trumpty
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