This was the summary given to Camelot members this morning.
Please trade carefully, we'll put a full review together shortly
Easy with Gold. Its at supply but you've seen how supply regions can propel the price in either direction. If you're following the KOG report and have longs in from the bottom its a good idea to take partials and protect the trade rather than closing all of it. If you're looking to short, wait for confirmation and structure! Break and close above here (1930) and 1942 is the next level
Knights of Gold (Gold/FOREX Analysis/Trade ideas)
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As we said, we're taking it easy trading smaller lots for quicker captures. Camelot has already completed the long trade into this level and will now wait patiently
Knights of Gold (Gold/FOREX Analysis/Trade ideas)
GBPJPY - Camelot - Point to point, level to level. Amazing pip capture on this
GBPJPY - Trade complete at Camelot. What a trade and journey for this pair with Excalibur guiding the way.
Knights of Gold (Gold/FOREX Analysis/Trade ideas)
https://www.tradingview.com/chart/XAUUSD/mV5lPp89-XAUUSD-1H-Levels/
If you got in at 1950 you should be in around 150pips. Make sure you protect the trade and take some partials.
What to look out for in the remainder of the session. We should this it stick to this range with the potential for a low around 1905 which is our baseline support. It needs to stay above that level!
Please do hit the like button on TradingView 🙏
https://www.tradingview.com/chart/XAUUSD/of5nhEf7-XAUUSD-1H-Levels/
Midday update with what to look for. Please read the summary...We're playing defensive on Gold!!
Midday update with what to look for. Please read the summary...We're playing defensive on Gold!!
Members, we have NFP today which will mean even more volatility on the markets. Coupled with the Russia/Ukraine crisis and Powell backtracking on his statement about inflation we are likely to see further extreme conditions on the markets in the coming sessions. We're playing this very defensively here at KOG with reduced lot sizes and only taking trades with clean and structured setups. Please do the same, it will protect your account. Remember as KOG says, Cash is also a position in the markets!
No morning review this morning. We'll put together the NFP KOG report shortly and publish it here for everyone.