FOMC today as well as CPi, please take it easy on the markets. We'll release a report and analysis, together with the red boxes later this morning.
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We didn't trade the move, too risky even with big kahunas it would be stupid to trade it. We still applied the algo though, we have to, to make sure we know what the markets attempting to do.
Every target smashed! 🤕
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Knights of Gold (Gold/FOREX Analysis/Trade ideas)
There's our first hotspot
Following on from yesterday, first hotspot lined up with the KOG Report region for a reversal and gave the move with slight extension above. Would say there is support here below now holding up price with resistance 2320