Gold - We're going to wait a little higher for Gold short entries. Its moving how we expected on the KOG report, but there are certain indications it can stretch a little higher so we'll be patient.
We were waiting for this area to short the market, however, we can see this going a little higher still so we'll stay back at the moment
Knights of Gold (Gold/FOREX Analysis/Trade ideas)
Next gold resistance levels: 1790 1798
Support is now 1770, 1765 and 1755
NOTE TO MEMBERS:
The markets are very messy and extremely volatile. We've advised all of our KOG Camelot members to only trade small lots this week no matter how good the set up is. This allows you to be a little flexible with your trade and removes the stress that comes with these movements.
The markets are very messy and extremely volatile. We've advised all of our KOG Camelot members to only trade small lots this week no matter how good the set up is. This allows you to be a little flexible with your trade and removes the stress that comes with these movements.
We're taking 30% profits on Gold before market close
Tomorrow's support levels
1785
1775
1770
1785
1775
1770
Knights of Gold (Gold/FOREX Analysis/Trade ideas)
https://www.tradingview.com/chart/XAUUSD/aJz13WpJ-XAUUSD-4H-Levels/
Make sure you protect your trades, take partials etc. Currently 70pips