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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Red boxes this week, not too bad at all.
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I'm on a short break from the free channel. Hopefully back next week. FOMC and NFP this week so please take it easy on your accounts.

Pre-event price action:

Trend within trends on the smaller timeframes

Patterns that conflict each other - You may get a H&S but with that is a double bottom for example. They do this intentionally to get traders committed to the wrong direction

Ranging price staying close to short term MA's

Swings and spikes all of a sudden - This is a stop loss hunter activation taking liquidity from the high and low of a potential range

Ask yourself these questions:

Do I understand intra-day levels?
Do I understand pre-event price action?
Do I understand trading with ranges and price accumulation?
Do I have a risk model that protects me and my account no matter where the price goes?
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https://www.tradingview.com/chart/XAUUSD/G7X4Erew-THE-KOG-REPORT-FOMC/

We’re on a short break from the free analysis and channel until next week but we thought we would take some time out to post the analysis and our views for FOMC today and potentially carry this forward for NFP on Friday.

Please support us and the free channel by hitting the like/boost πŸš€ button πŸ™ on our Tradingview ideas

Website: Join us here (open) πŸ‘‡
www.knightsofgold.co.uk
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Please take some time to hit the boost button on the idea πŸ™
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I'm on a break from the free channel, didn't have to post this at all. Please support us and the free channel by hitting the like/boost πŸš€ button πŸ™ on our Tradingview ideas

Website: Join us here (open) πŸ‘‡
www.knightsofgold.co.uk
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That's the power of the indicator. See you next week, KOG
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Start a new month with our team -

Join us here (open) πŸ‘‡
www.knightsofgold.co.uk
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Knights of Gold (Gold/FOREX Analysis/Trade ideas)
Photo
We have this so play caution. For your reference, you can't long it here.
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We've RIPPED NAS as well
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Smashed πŸ‘πŸ”₯
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