Yesterdays analysis seems to be playing out quite well. Today we're looking for support around the 1740 level first and then 1735. If we get successful support below we'll aim to enter a long again to target that 1760 level.

Please note, 1750 is a key level and a strong resistance.

Likewise 1735 seems to now be a strong support level.

XAGUSD:

Looking for support below and we're going to test the long to the target area. This has potential to go to 25.80 levels but we're only looking for a quick capture.

Stop in place, small lot if you follow.

GBPJPY - 1H

Don't think we're going to get much of a retracement on this. A little bit higher and we're going to test the short entry to the target area.

As always, use a stop and small lot.

USDCHF - 15M Chart:

Trading this with caution. Not much of a pullback on this so we've entered the long to the target area. We're looking for 0.92536 or close to that region.

This is GMT

XAGUSD:

Nice entry on this. Manage your trade.

Closing this now!! 💥💥

Trade Complete 💥

XAGUSD

protect your Gold trades. We're close!!!

We're going to exit around 1756

1756 - Trade Complete 💥

We're taking 70% profits here on this one

Close, no cigar. 😔

Excalibur 1760 Target complete 💥

Moving stop to just below the entry. Trade is secure now, 70% taken and stop moved.

GJ - 💥💥💥💥💥 Trade complete. KOG is on fire today 💥💥💥

We're out of all our long positions on Gold. This still has potential to go higher but now we're sitting neutral. Our plan now is to look for that short opportunity. Any Longs we take will be short, quick captures. We will share when we decide what trades to take.

Thats us done for the day members. Been a fantastic trading day, we thought we'd give all of you a treat today and give some extra trade ideas, hope you all benefited from the analysis and trades.

Todays results:

XAGUSD 🟢
XAUUSD 🟢
GBPJPY 🟢
USDCHF 🔴

Welcome to KOG all new members of the group.