Knights of Gold (Gold/FOREX Analysis/Trade ideas)
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RB was hit and RIPPED, giving a nice short there into our RB targets. Now we're at support here but this still has some legs in my view
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Knights of Gold (Gold/FOREX Analysis/Trade ideas)
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Quick update:
Although we have broken the bias level upside, there is a strong level here and our indicators are suggesting caution on longs. For that reason I'm not risking a long trade here today
Although we have broken the bias level upside, there is a strong level here and our indicators are suggesting caution on longs. For that reason I'm not risking a long trade here today
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https://www.tradingview.com/chart/XAUUSD/prNdhJKI-THE-KOG-REPORT-Update/
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THE KOG REPORT - Update for FX:XAUUSD by KnightsofGold
End of day update from us here at KOG:
Interesting day on the markets which started well with price hitting the RBs above and then giving us a nice short trade on the retracement. For some reason the indicator is suggesting caution on long so unless weβ¦
Interesting day on the markets which started well with price hitting the RBs above and then giving us a nice short trade on the retracement. For some reason the indicator is suggesting caution on long so unless weβ¦
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Quick update:
Unfortunately only caught a portion of that as the RB targets completed and the early session move was the main entry. It's a breakout and after accumulation for that period of time it's going to be sizable so no point going against the move unless there is a confirmed reversal trade.
Support now flips to 4210 and resistance above at the 4265 level. I can put that one down as "missed the move".
Unfortunately only caught a portion of that as the RB targets completed and the early session move was the main entry. It's a breakout and after accumulation for that period of time it's going to be sizable so no point going against the move unless there is a confirmed reversal trade.
Support now flips to 4210 and resistance above at the 4265 level. I can put that one down as "missed the move".
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Knights of Gold (Gold/FOREX Analysis/Trade ideas)
Quick update: Unfortunately only caught a portion of that as the RB targets completed and the early session move was the main entry. It's a breakout and after accumulation for that period of time it's going to be sizable so no point going against the moveβ¦
P.S - Volume upside is strong but this has activated. Don't think it's ready yet and risky with momentum, let's see if we see some signs
β€16π₯3
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β€13
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Not much to say - Got another decent entry level on the bias level and indicators.... and away we go
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