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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GOLD - PRE-NY Open (Camelot)

Ok, range held above, FBO, gave retest held and gave the short trade into the red box, in on that, make sure to protect take partials etc. Now we have to wait, 2302 break we continue with the KOG Report target levels so we'll hold. If they take it up and close us at BE, we'll wait higher, not interested in going long
Quick update. As above, after 60pips we've closed at BE partials taken. Now we've flipped again within the range, support 2315 needs to break to go lower
Continue to hold, we'll be closer to 2340 on the close so please be careful out there.
Done for the day:

Support 2315 / 2310 key level on the break
Resistance 2320 / 2330 key level on the break

MA's closing in together, accumulation in the range in progress.
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This morning we took a long trade from 2303 up into the first region of 2310 resistance, and then activated long again which we're in with a target level slightly above. We've removed the bias for today as it's Friday, we've taken enough from the market to call it a week, and now we want to see where we close so that we can plan for the week ahead. IF, another decent set up presents itself, we'll share it with you all.
Red box trades - Hot spots - Before:
We're done for the week in Camelot. It's been an interesting week, frustrating range, choppy price action and very skewed movement across the markets.

We have however stuck with the plan for most of it, even though the market presented some curveballs we managed to get the long trades in from the start of the week, following the plan into the order region which is where our bias level was sitting. Gave us a nice buffer for the week and a great capture where it was then suggested traders should now take it easy and await the pending news releases to come.