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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Did you chart the Excalibur targets??
Amazing pip captures to be had across the board on these pairs. The heads up was given yesterday
Waiting for 15m close
Frist target below hit for scalpers
We're taking it easy on Gold now until FOMC. Small lots tight stop trading the range was enough for today. We'll be back tomorrow with the KOG report specifically focused towards FOMC and what we expect. As usual this will be shared an hour or so before the release. Trade safe, trade well. KOG
15M Range. We should see accumulation and ranging movement up until the US open where we have some news. The main event is FOMC later today so expect there to be volatility in the markets during and after the release. The main movement will come during the press conference where the press will be looking for clues and probing towards growth, tapering and asset purchases.
We'll be back an hour or so before the release with our FOMC analysis and trade idea.
Anyone who caught the move, well done
FOMC report has been published. Please do like and support 🙏
We would take partial profits on any long trades from the yesterday and move the stops to entry. Protect your trades. We'll look for rejection at the 1782-85 level. Breaking and closing above 1785 and we'll need to take caution as the price can stretch towards 1790-95.
We're not trading this release today hence there will be no KOG Report for it.
KOG Report for Gold will be published tomorrow. Above are Oil and Silver levels to keep an eye on. KOG