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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Redboxtrading - That's the level we wanted
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We wanted 2338 for the RIP and we got 2338.5
Knights of Gold (Gold/FOREX Analysis/Trade ideas)
https://www.tradingview.com/chart/XAUUSD/8PUiKm5W-THE-KOG-REPORT-Update/
Please read the report, don't just look at the arrows. Every report lines up to the move, it's planned and then detailed step by step. If it breaks we'll flip, if not, we'll stick with the plan and get in again. Let's see what tomorrow brings. KOG
As we can see we've broken above the order region which has now flipped again so support becomes the 2355-50 region which will need to be held to go higher. We said yesterday, without the clean reversal we could see the flip and it will take price towards the 2370-75 region first, so we would only continue shorting upon a clean reversal. Price is stretching, longing obviously is not a good idea up here, all MA's are below. We have potential here for a tap and bounce with levels above, so please play caution.
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