Today is also Options Expiry for Futures contracts.

E.g

Thats 30pips from our entry. We're taking 50% here

Stop moved to entry. Free trade now

Moving the stop down to 1808

Trade complete

Now we want to see if we break 1812 and close above it. Please refer to the attached chart for levels.

Perfect entry, perfect exit. Pip to pip capture. Now we're sitting and waiting for levels to break. Probably no more trades for today.

We're done for today. Hope everyone had a good days trading. Previous charts are still relevant so please keep an eye on them for levels and direction.

See you tomorrow.

We're not in any trades at the moment. This chart is updated from yesterday.

Support - 1805
Resistance - 1812-14

We're waiting for one of these levels to break. So far its looking like our 1827 is likely, however, we're sitting and waiting.

This is why we sat and waited. We've had a breakout. Lets wait for equity open and see what they do. 1786 is next support

We've spoken about how accumulation works on previous posts here. They take out one group of traders first, then the other. Then the market decides its new direction

Note to members:

There are a lot of people on telegram offering Signals, account management, mentoring etc. Please be careful, do your research and ask them for proof for everything. They will show you big profits on trades but most of the time these are demo accounts. If you get unsolicited messages on telegram from someone offering you trading services remember most of them are only after your money. Proof is in the pudding, someone selling services should be able to prove their results on live accounts and and signal service should have backtested results that they are happy to share with you.

We only recommend traders, groups and service's where we personally know and have done our research on what they're offering. For that reason we share it with you. You'll notice we have only done that with a couple of groups here on telegram as we feel these will benefit you.

Please be careful.

Knights of Gold

A big welcome to all the new members of the group. Thank you for your support, likes and follows on all the platforms. If you like what we're doing please share the group with your fellow traders and those who are interested in trading. If you don't like what we're doing please share with us 😉

See you tomorrow.

P.s this was the clue

Potential movement for today. We're anticipating a double bottom to form an equal low and then a revisit to the 1801 area. One of these levels will break soon and we're expecting Gold to decide its short-term trend for the next few weeks.

Key Levels:

Support -
1787-85

Resistance -
1796
1801
1810-13

15M Chart
Key resistance level being tested. Breaking up next level is 1801 then 1810-13.

Breaking down, it should come back to retest yesterdays low.