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

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Would say that's done now.

If you're in from the low, maybe take some partials and protect. Let's see what the next couple of hours bring.

We've taken out of this now. Support below looks weak at the moment so caution needs to be played on Gold. Resistance above 2340-45 needs to break to go higher, otherwise, if held we could be seeing some more bearish pressure on Gold. We have a rule in Camelot where we trade less towards the end of the month, we reduce our lot sizes and we make sure our risk models are up to scratch. This helps us prepare for the month ahead while we anticipate the monthly close. We've done extremely well on Gold again this month, we're not looking to take major positions now.

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BANGING Trade along side all the others

FTSE - After:

FTSE - Before:

We're taking what we can

Break of 2340 and we'll go lower so please be careful. It's drawing closer to the end of the month, MAs are grouping together on the smaller TFs and volume is starting to build up in this region. Breakout pending!

That's the short we wanted into the support region from the open. Now, for us to go long, we need to see a clean set up with support here and below 2340