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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XAGUSD:

Looking for support below and we're going to test the long to the target area. This has potential to go to 25.80 levels but we're only looking for a quick capture.

Stop in place, small lot if you follow.
GBPJPY - 1H

Don't think we're going to get much of a retracement on this. A little bit higher and we're going to test the short entry to the target area.

As always, use a stop and small lot.
USDCHF - 15M Chart:

Trading this with caution. Not much of a pullback on this so we've entered the long to the target area. We're looking for 0.92536 or close to that region.
We're out of all our long positions on Gold. This still has potential to go higher but now we're sitting neutral. Our plan now is to look for that short opportunity. Any Longs we take will be short, quick captures. We will share when we decide what trades to take.

Thats us done for the day members. Been a fantastic trading day, we thought we'd give all of you a treat today and give some extra trade ideas, hope you all benefited from the analysis and trades.

Todays results:

XAGUSD 🟒
XAUUSD 🟒
GBPJPY 🟒
USDCHF πŸ”΄