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

Today in Camelot 💥

Now it's too dangerous to short this so please don't get stuck

That higher level is where we started shorting this rubbish

Don't trade volume driven candles trying to find tops and bottoms. The trades always come from key levels when there is volume in the markets and the MM's have a plan.

If you're not sure of what the market is doing, stay out of it!

Within reason

We'll try to share as much as we can from Camelot

Some traders may need some guidance with Gold at the moment

And BANG, back up from the TAP AND BOUNCE 💥

Gave you two levels for the RIP and one target. Job well done here in Camelot 💥

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End of day update from us here at KOG: Following on from the KOG report, we suggested seeing an early attempt at the low before an attack on resistance where we would be looking to exit and long trades and then hunt for the short from the levels 2017 and above that 2020-25. We wanted to see a confirmed setup to then short the market back down into the lower support levels. So far, so good! Levels are working well, structure is holding strong and the trades are coming up and down, level to level. Would suggest short trades are now protected as per the analysis earlier, and partials/majority taken. If we bounce here from the range low, we’ll want to target that 2010 level again first, that’s where we’ll decide what to do next. Otherwise, hold the short protected and we’ll see where we find a base.

💥 Monday Blues💥

We wanted a move to the downside into the 2002-5 price point where we're getting a temporary bounce. Still in range with all MA's grouped together above.

1H Levels