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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Support on Gold 3630-5 with resistance 3655 which is now the order region.

Camelot Friday today. We've had another phenomenal week of capture and targets complete. It's Friday, please take your foot off the peddle now and prepare for next week.

Wishing you all a great weekend and thank you for following. Please do take some time to go through the ideas on Tradingview and hit the boost button.

KOG
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Slow day so far but early session gave us the move we wanted into the lower box and then the bounce upside. We'll hold for now with support 3633 and resistance 3645 which needs to break to go higher
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Please take some time to hit the boost button on the Tradingview ideas. It's give and take, if the support isn't there, there is no point posting such detailed analysis and especially the weekly red box targets. KOG
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Knights of Gold (Gold/FOREX Analysis/Trade ideas)
https://www.tradingview.com/chart/XAUUSD/3YRA3CnS-THE-KOG-REPORT-Update/
Nice. Now we need to wait and see what price is going attempt to do here. With it being so close to the 3700 level, we can't long even if there are targets up there. A reversal would be ideal so let's be patient now
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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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FOMC TODAY:

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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