Excalibur for FOMC over performing 💥

Right members, thats the initial response to the FOMC release. Now they'll wait for 7:30 for the press conference

They'll be looking for clues on interest rates, inflation etc. Expect more movement to come

We've had a fantastic month in Camelot. We don't just trade Gold as you can see

Now we have a long wick on Gold which needs to get filled at some point

Now when you add the KOG reports to the Excalibur targets and KOG zones this is what you get!!

If you're in long protect your trades

Let it break 1777

This is a strong level

No one does it like KOG

Have a good evening members

Quick Tip:

Draw levels, draw lines, draw patterns and make sure you're always charting. Something will stick out and you'll notice how this works. You don't have to trade, most of us sat this out but its nice to see how the analysis plays out and when it does what you thought it would do. Our one request to all of you, the more you chart, the more you practice, the more you backtest, the more you'll see you can do this and become a successful trader.

Lots of news today that will move the markets. Especially on the other pairs

Gold support now stands at 1775-7 with resistance being 1785, 1790 and above that 1795-7

Right members, thats the first destination of 1795-97 thats been hit.

We have one above this at 1805-7 and then one above that at around 1810-14. We are expecting this to pullback at some point so now is not the place to get in long

We got a point to point move again based on KOG levels but we have to be really careful here. There will be a lot of bulls trading the breakout and trying to catch the seasonal move.

Please refer to the KOG report for more detail

P.S - Don't be in a rush to short this