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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BONUS ROUND!
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Red box indicator, could not say no to that
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After a very good week of mega pips and captures, we always need to remain humble and disciplined.
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I'm not going to name drop. My point isn't to boast, it's to show you that this is not out of the ordinary. This is simply strategy and money management, the fundamental tool many traders lack and don't concentrate on
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Would like to see a reversal form at least! Otherwise, beautiful long and potential RIP from the level giving a point to point, level to level move
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Worth waiting for. Support now 3410, with resistance 3420 needs to break
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Unless we hold above 3400 for a couple of days, I'm not comfortable with long trades unless we get a decent pull back.

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πŸ™ on our Tradingview ideas

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πŸ‘8❀2
Knights of Gold (Gold/FOREX Analysis/Trade ideas)
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Very aggressive on Gold this month with this monster of a move, staying ahead of it has been a bit difficult for some traders. We did get that long into the level we wanted, but that short again, was "short lived". We then activated again higher, broke through resistance like a hot knife through butter and hit the target over the Asia session. Not an easy market to trade, not because the longs aren't hitting targets, but because of this stretch making it more and more dangerous to get in long the higher it goes. Markets know what they're doing, they're going to want sellers to become buyers so please take it easy, if you're uncomfortable in this you shouldn't be trading it
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