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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All the weekly red box levels are done
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TIP: As you can see we share our 4H Red boxes with you all for free. These are a function on our indicator and one of the most powerful tools we have together with it's partner the custom volume indicator which confirms the move. One thing I don't think I have mentioned in the past is plotting our 4H boxes and switching to 1H. When you do this and apply the red box levels, you see what happens.

Most of you are just following the path, which does work most of the time but you have to fine tune the entry and exit levels, hence we give you the immediate target levels. Above, is a chart showing the 4H boxes on a 1H chart, as you can see, break and close, pull back etc, this stops us longing and shorting at the wrong times.
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Imagine this on your own screen, 4H for swing trading, 1H for day trading and 15min for scalping. Any pair on any chart 23hrs a day. Add to that the Knights indicator giving you swing points, key levels and retracement levels and our custom volume indicator telling you when to long, when to short and when to stand back from your trades.

LEARN AND GENERATE YOUR OWN SIGNALS. You don't need any of us to guide you.

Come and Join us and the team: ๐Ÿ‘‡
www.knightsofgold.co.uk
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PRE-NY:

Support stands here at the 3290-95 level which needs to break to go lower, while the flip is now 3310 resistance. Level to watch is 3290 for now
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Knights of Gold (Gold/FOREX Analysis/Trade ideas)
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We've bounced the bias level but price is struggling. 30-50pips were available but this time we shouldn't go back do to test it again. If we do, there is a chance we will break it. Due to ranging and MA's being drawn together we'll scalp the levels for now
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NOTE: RED BOXES have been modified slightly to account for the range

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These are the hot spots, together with the indicators, Excalibur and Lite, they work wonders for capturing tops and bottoms on Gold. We're going to close them off for the month of May, these are the results. Shockingly effective! ๐Ÿ”ฅ
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Unfortunately that didn't work out as planned. We wanted the higher level to at least get a visit so we could see if if gave a RIP. Anyhow, support now stands at the 3275 level with resistance above at 3295
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