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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If anyone took this, we've hit our target now and out. You can leave a runner if you got the entry
End of day update:
The market moved as we wanted into the higher levels but it just didn't go to plan unfortunately. Ideally we wanted the pullback into support then the opportunity to go long into those higher levels and then the opportunity to hunt the short. Instead, well, you can see what happened. Markets gapped on fear and although we hit the Excalibur targets the only opportunities were from the micro support levels to take the longs or for the runners on the longs we took last week if left.
So what now? Would like to see where they close this today and if the swing high completes on the close. If so, tomorrow's early sessions could give bears some breathing space and give the opportunity to short back down into the 1870-75 region as the initial support level. For now, will be fishing the rest of the day.
A lot of messages asking if Camelot is the same as the telegram group. Simple answer is no, that wouldn't make sense.
https://www.tradingview.com/chart/XAUUSD/L4caNck0-XAUUSD-KOG-REPORT/
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