The next few days are going to be a headache to trade. They'll range, they'll whipsaw and they'll chop. The moves are going to be extreme, Jackson Hole has shown movement of 500-700pips in one go, which, if you're caught the wrong side of will completely wipe you out. Please, don't take this as your every day market condition, swings are going to be extreme. In my humble opinion, I would suggest any one new or less experienced in the markets, please don't trade from today until next week. Preserve your account balance and know that once the market has moved, you will get better opportunities from better price points.
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Knights of Gold (Gold/FOREX Analysis/Trade ideas)
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.
Jackson Hole starts today as well. Please see our Tradingview posts on what to expect in terms of volatility in the markets.
Knights of Gold (Gold/FOREX Analysis/Trade ideas)
https://www.tradingview.com/chart/XAUUSD/7pOeMO1C-THE-KOG-REPORT-Update/
Those who followed the KOG Report, that's the level we wanted on the break
Runners running on Gold. If you followed the KOG Report, please make sure to manage your trade