Knights of Gold (Gold/FOREX Analysis/Trade ideas)
Quick update: Opened well, dipped, hit the defence box and got the RIP but that rejection isn't really that strong so it's a case of I either protect and manage or take what it had given from that level. Support is now at the 4633 level with our bias beingβ¦
π7β€4
I'm actually not trading this only due to the mean being so far down below and the risk of a spike down. Anyway, we've broken that bias level and hit TP1 and 2 as well as Excalibur which has just completed upside. There is a TP level above but that's leading into the extension of the move so now we'll observe what price does higher up.
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