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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Support now 4350 needs to hold us to go higher, resistance 4430 if broken above, we should complete the move.
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We start to range again with thin volume but, even though the candles look like they're hardly moving, these are huge 3-400pip candles, so don't be fooled by this market. Support is way down here 4450 while resistance stands at the 4490 level. We've completed the move upside and have a slight indication of higher, however, we want to get a pull back here and then look for a reversal to form. Otherwise, a few red box scalps is all it is at the moment
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We're away at the moment, only updating Camelot and the team. Back next week. KOG
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Nice end to the month
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