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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TIP:

Always remember, unless you have large accounts or you're trading micro lots, you're not going to be able to swing trade gold, they simply won't let you hold the trades without going into drawdowns. For us intra-day traders, we need the right levels and set ups to take money from the markets, we can't swing, scalp and intra-day at the same time. All 3 strategies require different risk models and different market conditions
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5196 held, Target 1 Complete. Trade managed
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Today's levels
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We've hit and bounced the lower region we wanted with the hot spot working well. We're still in the range with the bias level today at 5080 break below and 5204 break above. Key level support stands at the 5160-5 level which can spike but needs to hold us up to the attempt the breach of 5200 and take us higher. For now, as we wanted, we got lower entries from yesterdays summary, now we'll look for the pull back and see what kind of reaction we get.

15min indi suggesting a pull back on it's way
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If there was a code....
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Camelot Friday tomorrow so we won't be around.
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Knights of Gold (Gold/FOREX Analysis/Trade ideas)
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Knights of Gold (Gold/FOREX Analysis/Trade ideas
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