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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Knights of Gold (Gold/FOREX Analysis/Trade ideas)
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Morning all, early start then a long break as there wasn't much to do. No dip into lower support so we're still holding this trade from yesterday. 2 Excalibur targets complete while we now hit resistance around here. This flips us in play to 3345-50 support with new resistance 3370.

I'll share today's red box targets shortly
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DOW - If anyone saw the post and analysis
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DAX - Same thing. All moving well
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Please support us and the free channel by hitting the like/boost πŸš€ button πŸ™ on our Tradingview ideas

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We wanted that level below to hold and give us the push upside, which it did. Red box defence is strong here and you can see the rejection again from that level forcing price down. We have daily support here at 3340 but resistance is all the way up at 3365
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It's whipsawing and chopping while it accumulates in this range which really does need to result in a breakout very soon. Conditions aren't great so key levels are important.

Support - 3340, 3327 and extreme level level 3307
Resistance - 3355, 3364 and extreme level 3380

3380 needs to break for us to go higher. Another attempt there with a RIP can push this down into those lower levels which is potentially where the ideal swing will come from.
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