NFP day. As usual, the trade comes after the event, best practice for new and less experienced traders is to come back to the markets next week after they have moved the price.
https://www.tradingview.com/chart/XAUUSD/B7oaPB9W-XAUUSD-KOG-REPORT/
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Knights of Gold (Gold/FOREX Analysis/Trade ideas)
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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Numerous opportunities to long into the level and short from it. It isn't however giving the opportunity to hold the trade due to the range that has been established, so scalping only at the moment using the range low for longs and the range high for shorts. Only so many times they will play before the breakout, so please be careful with your lot sizes