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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Absolute mental markets. That's just today and FOMC hasn't even turned up yet! 🔥
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Nice. Hit the boost button on the Tradingview posts please. The support from this free group isn't great, that's all I'm saying.
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Following on from FOMC, the move downside worked well but into the first level we wanted which was 3350-55 which is where we bounced. Resistance now stands at the 3375-80 region which is the level to watch for a rejection or a break. A break here will continue the move upside to then attempt that 3390-95 level again while a rejection there can complete the move we wanted downside into the 3330-35 region.
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With a US bank holiday today, there are chances we may start a range now between the 3390 resistance and 3355 support. For now, the move worked well sticking to the red box levels given in the report
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Bang on the red box indicator signalling the reversal on its way and then the bounce from the red box for the long trade.
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Camelot Friday, we're using the day to clean up and prepare for the new week. Caution with leaving trades over the weekend, they may open with aggression on Sunday if there is any more news to drive the markets. For now, the above is good enough to end the week.
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Last time we posted this was August 2024, wow!

Anyway, if you would like to join a winning team of traders, a community helping and supporting each other, KOG's guidance on the markets, navigation on Gold with levels targets, hot spots and key levels.

What's more? Excalibur and LiTE giving you pin point targets. The Red box and Knights indicators showing and generating signals all day long across any pair available on Tradingview, allowing you to trade independently, the custom volume indicator that tells you when it's good to long, short and play caution across all pairs and instruments. Education, guidance, trading tips, news and so much more.

Click the link below and follow the instructions:

WWW.KNIGHTSOFGOLD.CO.UK
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Knights of Gold (Gold/FOREX Analysis/Trade ideas)
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Knights of Gold (Gold/FOREX Analysis/Trade ideas
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