Knights of Gold (Gold/FOREX Analysis/Trade ideas)

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After

Before

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And there was the reverse trade we shared yesterday. Even though we planned for the move, discipline will tell you, take what the market gives.

The idea from yesterday shows the reverse trade from the level. As above, looking for the move into this level which is complete now. Not looking for a bounce as it's Friday

US30 did well for us 💥

Quiet day so far on the markets with the support levels 2030 and resistance 2035 holding price in play. A breakout is imminent so would suggest traders switch to defence on the markets as the move could be big and late session. We're not relying on taking reverse trades today as it's Friday, one level to level trade is enough of Gold and we'll come back fresh on Monday.

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This above is not rocket science. Plot the range, high and low, wait for structure to form and then play the range in the early part. Once the price has moved up and down enough leave it alone, they then want the dummies to get in and they'll move the price. You don't need to trade anything and everything everyday, know when to take a good set up and when to sit out and wait.

Gold: Playing the range 2030 - 2035 with extension of the move in very possible. We're level to level in Camelot, a long from 2030 would have given you 50pips or a short from above the same. News later which is likely to drive the markets, we'll wait for a good set up otherwise, let them move the price where they want to take it and we'll hunt.

NAS - You Beauty 💥