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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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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Still playing this range here between the boxes. There was an extension level we posted yesterday which was hit over the Asia session and rejected again. Price looks to want to target the higher bias level with resistance at 4650
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We had one short so far this morning based on the structure and indicators being aligned. Now we'll observe these bias levels and see how price reacts
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DOW!
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