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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Knights of Gold (Gold/FOREX Analysis/Trade ideas)
https://www.tradingview.com/chart/XAUUSD/ClzO4bdc-THE-KOG-REPORT-Update/
Please read the report, not just follow the pictures. To make it clear, if we bounce that support, we're looking at 2460-65 to hold down the price. If it rejects there, you're going to see a deeper retracement than many expect!! It's ranging and pending a breakout, if you're less experienced or uncomfortable in these markets, need your hand held, then we would suggest you stay out. Tomorrow is going to be a crucial day on the close!
That's why we said don't buy it!
Again, tops, bottoms, ranges, scalps. We got you! Camelot members smashing these targets across the markets day in, day out!
What a morning! Yesterday in Camelot
Activated. Shorts from the top confirmed to hold for lower, and this morning a nice result for our traders
This morning's lesson on identifying confluence and planning the perfect entry
We have to always remember, when they start moving the market, those days of correcting the move straight away are gone. Now they're sole purpose is to grab as much liquidity from where ever they can get. Most of the time, that's creates the stretch, and it doesn't stop in one session or day. We're all retail traders, some more experienced than others, but one thing that is common, when price goes up traders are looking to short, when price comes down, traders are always looking to long.

The skill here is capturing the move and staying in it for as long as possible, not panicking, and allowing yourself to flow with the market. This takes years of practice and unfortunately most don't make it to this stage.
It was here that we confirmed that move, until then it was level to level short and long
This is where we took it, identified our hot spot and target was active
And that's where we switched!
Now we have confluence below, 200MA, price has given a small bounce, we've taken a majority of the long, done for the day, runners running. 20MA and more importantly, 10MA sitting above, resistance stands at 2430-35 order, with support below 2410