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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
The KOG Report region. The problem we have now is, even after CPI and FOMC, we're still grinding sideways in this large consolidation. The higher levels can not be discounted and as long as these support levels hold, we're not ready to go down, instead, continue the larger range until the break
Forgot to mention, anyone short, please protect your trades and take partials