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

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Shitshow of price action, a lot of chopping and whipsawing but that's the first level we wanted.

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In case you missed it, Jackson starts today and tomorrow. It's know to trap traders in the wrong direction, can cause huge volatility and big moves and swings. It's really not worth it, best practice is to re-visit the markets next week. Also, very importantly, there is also a session on Saturday when markets are closed, if I had anything open over the weekend, I would make sure I protect it and have my SL in place.

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Ok. With Jackson hole now around the corner, it's time to take it easy. I'd say what ever happens from here happens. This is good enough. KOG

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DOW!

We had one short so far this morning based on the structure and indicators being aligned. Now we'll observe these bias levels and see how price reacts

Still playing this range here between the boxes. There was an extension level we posted yesterday which was hit over the Asia session and rejected again. Price looks to want to target the higher bias level with resistance at 4650