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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Quiet day with the US holiday, hence no morning review. We're going to call it a day now, back tomorrow. Please do hit like on the TradingView ideas if you haven't already 🙏
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MA's are grouped together and the price is in a tight range. There is a possibility of a late session move, and if it moves they can really move it. The risk to get trapped in the wrong direction here is extremely big so its best to wait for the break of the levels, support or resistance. Its Friday, and they're up to something on the markets, you can see the price action, the moves are incomplete and daily is still bearish. Would suggest you come back to the markets on Monday, they're just going to chop the range and its really not worth it.
There's a level that been missed out by mistake, that's the 1730-35 resistance