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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A couple still active, the rest are done and running
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That's what we wanted following on from yesterday, that level needed to be attacked but the reaction is controlled. If you took the long, go an enjoy the weekend, any shorts now should be level to level unless we see a clean reversal. Plan is still on but they've delayed the move due to the accumulation, so now it's Friday we don't want any positions open over the weekend. Hence, take it level to level.
Totally madness on Gold, we missed this move even though we had pin pointed the entry level on it. But, this is how we played the day
Yesterday we gave the levels in Camelot, we either wanted to short it from above, or long from below
Move presented itself, gave the long trade into the level we published which we said needed to be attacked.
Unbelievable, Red box strategy gave the short level and then Excalibur activated long
2 Targets active...But we put a risk on longs, gutted!
Then, just look at what it did