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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Booming end to the day. Camelot Friday tomorrow.
All day long, another 50pips in and protected 🔥
We have resistance here and the custom volume indicator is suggesting caution. That's the level to watch!
If you traded with a 500pip SL it still worked 😂😂 (That is a joke)
Unfortunately that didn't work out as planned. We wanted the higher level to at least get a visit so we could see if if gave a RIP. Anyhow, support now stands at the 3275 level with resistance above at 3295
These are the hot spots, together with the indicators, Excalibur and Lite, they work wonders for capturing tops and bottoms on Gold. We're going to close them off for the month of May, these are the results. Shockingly effective! 🔥
NOTE: RED BOXES have been modified slightly to account for the range
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www.knightsofgold.co.uk
We've bounced the bias level but price is struggling. 30-50pips were available but this time we shouldn't go back do to test it again. If we do, there is a chance we will break it. Due to ranging and MA's being drawn together we'll scalp the levels for now
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