Knights of Gold (Gold/FOREX Analysis/Trade ideas)
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RB was hit and RIPPED, giving a nice short there into our RB targets. Now we're at support here but this still has some legs in my view
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Knights of Gold (Gold/FOREX Analysis/Trade ideas)
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Quick update:
Although we have broken the bias level upside, there is a strong level here and our indicators are suggesting caution on longs. For that reason I'm not risking a long trade here today
Although we have broken the bias level upside, there is a strong level here and our indicators are suggesting caution on longs. For that reason I'm not risking a long trade here today
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https://www.tradingview.com/chart/XAUUSD/prNdhJKI-THE-KOG-REPORT-Update/
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THE KOG REPORT - Update for FX:XAUUSD by KnightsofGold
End of day update from us here at KOG:
Interesting day on the markets which started well with price hitting the RBs above and then giving us a nice short trade on the retracement. For some reason the indicator is suggesting caution on long so unless we…
Interesting day on the markets which started well with price hitting the RBs above and then giving us a nice short trade on the retracement. For some reason the indicator is suggesting caution on long so unless we…
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Quick update:
Unfortunately only caught a portion of that as the RB targets completed and the early session move was the main entry. It's a breakout and after accumulation for that period of time it's going to be sizable so no point going against the move unless there is a confirmed reversal trade.
Support now flips to 4210 and resistance above at the 4265 level. I can put that one down as "missed the move".
Unfortunately only caught a portion of that as the RB targets completed and the early session move was the main entry. It's a breakout and after accumulation for that period of time it's going to be sizable so no point going against the move unless there is a confirmed reversal trade.
Support now flips to 4210 and resistance above at the 4265 level. I can put that one down as "missed the move".
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Knights of Gold (Gold/FOREX Analysis/Trade ideas)
Quick update: Unfortunately only caught a portion of that as the RB targets completed and the early session move was the main entry. It's a breakout and after accumulation for that period of time it's going to be sizable so no point going against the move…
P.S - Volume upside is strong but this has activated. Don't think it's ready yet and risky with momentum, let's see if we see some signs
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Knights of Gold (Gold/FOREX Analysis/Trade ideas)
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Not much to say - Got another decent entry level on the bias level and indicators.... and away we go
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Step by step, level to level, point to point
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