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
We may get a pullback up towards 1795-97, we want to see how the price reacts at that level. A break and close below 1775 on the daily would be ideal today