We would say level to level on the short trades at the moment due to the push above and news later. Price is a little stretched so support turns to 2635 if targeted
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Knights of Gold (Gold/FOREX Analysis/Trade ideas)
Red boxes worked a treat here
No matter what these markets are doing, look at this algo smashing the moves!
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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.
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https://www.tradingview.com/chart/XAUUSD/uvnVRz7c-THE-KOG-REPORT/
THE KOG REPORT has been published on Tradingview.
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THE KOG REPORT for FX:XAUUSD by KnightsofGold β TradingView
THE KOG REPORT:
In last weekβs KOG Report we said we would be looking for price to push up and look for a reaction above, this came earlier than expected but we got the move as anticipated down into the lower regions completing KOGβs bias of the week andβ¦
In last weekβs KOG Report we said we would be looking for price to push up and look for a reaction above, this came earlier than expected but we got the move as anticipated down into the lower regions completing KOGβs bias of the week andβ¦
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Knights of Gold (Gold/FOREX Analysis/Trade ideas)
https://www.tradingview.com/chart/XAUUSD/GEKQVLaL-THE-KOG-REPORT-Update/
Wanted a bounce from the region but 200MA on the hourly was in the way which gave us the support needed for the push upside. Not as perfect as we usually like but it's moved the way we wanted
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Resistance here at 2655 with support 2647
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Knights of Gold (Gold/FOREX Analysis/Trade ideas)
Resistance here at 2655 with support 2647
Resistance held us well giving the move down into the support region here. Red boxes indicator working like a dream for the scalps. If we break through here we'll see lower support 2640 again. Our strategy is showing us 2642 so we won't be looking to long at the moment just in case we get that move further down. MA's close together, US Session is on the horizon, let's see what they bring. For now, long up, scalp short down, that's a decent day
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