We’re expecting two scenarios here both having the same result.
We’re looking for open to ideally pullback towards the 1760-55 levels and then continue its journey up towards 1785-95 or, we’re to open up, hit the 1785-95 levels, flush out any late Friday sellers then come down towards the 1760-55 level.
At this support we’re expecting it to continue its journey upwards.
1785 is a key level here, something is telling us the market will break this level higher up to complete the full Fib retracement. We have to wait and see once the market opens and price has settled into its Monday flow.
Support:
1772
1768
1758
1755
Resistance:
1785
1795
1800-03
1810-13
We’re looking for open to ideally pullback towards the 1760-55 levels and then continue its journey up towards 1785-95 or, we’re to open up, hit the 1785-95 levels, flush out any late Friday sellers then come down towards the 1760-55 level.
At this support we’re expecting it to continue its journey upwards.
1785 is a key level here, something is telling us the market will break this level higher up to complete the full Fib retracement. We have to wait and see once the market opens and price has settled into its Monday flow.
Support:
1772
1768
1758
1755
Resistance:
1785
1795
1800-03
1810-13
Thats a wrap folks. We'll be back tomorrow for market open where we'll get a better idea of what to expect on the 1HTF. Levels are on the charts so please use them. We're looking to take another long at some point if we get a decent pullback. We'll share the idea once we've confirmed it. KOG
Knights of Gold (Gold/FOREX Analysis/Trade ideas)
Looks good to go up. Ideal entry would be below for this, any pullback and we'll get in for a long to the target level.
The trade is complete as the target area identified by Excalibur has been reached. The ideal entry for this trade was on a pullback to support which didn't happen. Entering the trade without a pullback would have been risky.
We want you to trade safely and limit your drawdown. This is why we always give an area where we are waiting for to get into the trade. You should always try to trade with a good risk/reward ratio. Entering trades high/low or close to targets reduces your RR and the trade becomes risky.
Knights of Gold (Gold/FOREX Analysis/Trade ideas)
We’re expecting two scenarios here both having the same result. We’re looking for open to ideally pullback towards the 1760-55 levels and then continue its journey up towards 1785-95 or, we’re to open up, hit the 1785-95 levels, flush out any late Friday…
Seems to be doing what we expected, however, we can see this going a bit lower. Excalibur has given us a target above, we want to line up a good entry for a long. Next support 1766, below that 1758 and to really stretch the late buyers 1750
Knights of Gold (Gold/FOREX Analysis/Trade ideas)
https://uk.tradingview.com/chart/XAUUSD/5f4lcs9x-XAUUSD-1H-levels/
Yesterdays Gold 1H chart.
Approaching significant levels, we're looking for this to come lower. Anywhere between 1755-50. It needs to support there.
Approaching significant levels, we're looking for this to come lower. Anywhere between 1755-50. It needs to support there.
Knights of Gold (Gold/FOREX Analysis/Trade ideas)
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EURUSD - Taking 60% of the trade here
Knights of Gold (Gold/FOREX Analysis/Trade ideas)
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We got a good entry on this so make sure you manage the trade
Knights of Gold (Gold/FOREX Analysis/Trade ideas)
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Members, we're going to exit this trade as we're not around for the rest of the day. Its still in profit and we've already taken 60%
Knights of Gold (Gold/FOREX Analysis/Trade ideas)
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Thats where it is at the moment. If it hangs around tomorrow we'll look to get back in. If you want to hold it make sure you manage the trade, stick to the stop loss!!
Knights of Gold (Gold/FOREX Analysis/Trade ideas)
Looking to test the long around this region. Expecting this to potentially go down a little further so need to take a bit of caution. We're hoping we get our target that was published a couple of days ago. Small lot, stop loss in place.
Currently running at 30-40pips profit depending on where you entered. We're taking 50% here at 40pips profit. Leaving the stop where it is for now.