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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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The heading suggests it's time to think about cautioning longs for a couple of days. We're in the last two days of the trading month, we're seen some extreme conditions and to be honest, even though we didn't capture all of this move, the algo's have given us 2-300pip days easily. What we would have traded in a month, Gold gave us in a couple of hours. Now however, it's time to start sitting on your hands and becoming an observer rather than a participant
No break, bounce from defence. Happy with that. Will they push to 5340?!
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BANG! Don't think we even need to look at FOMC today. We'll share the report with idea but before hand, please try and hit the boost button on as many ideas as you can all
