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

Wanted to see this push up and give us the entry level for the short from higher up, hence we suggested we were too high in the range to long. Price gave a structural flip early session which is now entry our target region for the short trade. So far resistance now stands at the 2320-3 level with support at key level 2302-2295

The market is designed to confuse retail traders, the reason for that is they know 95% of you enter these markets with no plan. You’re not aware of the levels, you’re not charting the pairs you trade, and you lack the basic skills to manage your money and your risk. You need to have a plan before you enter a trade, you need to have a strict set of rules, and everything should line up as much as possible before you take the entry. By the time new traders understand they need a plan, they’ve blown their accounts and blame the markets. KOG

Reminder:

Slow day today on Gold, market moved well downside completing our short target then gave the bounce we wanted for the long which we're holding at BE with partials taken. We're about to hit our target level where we'll leave a runner but wait for the daily close now. Up here resistance stands at 2345 and above that 2350-5 order region so no more longs unless we break above, or, we see price wanting to go higher and we get a decent pullback.

Nice move this morning, we've completed our lower targets, tapped and bounced support and it's given a nice long. Resistance levels above for level to level trading. Partials and protection of trades long recommended

https://www.tradingview.com/chart/XAUUSD/rJHxYugs-THE-KOG-REPORT/ THE KOG REPORT has been published on Tradingview. Please do help support us and the free channel by hitting the like/boost 🚀 button 🙏

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Consistency is one of the fundamental tools of trading. Consistency in your risk model, your strategy, your ROI and your discipline. This gives you consistency in your results, it shows, follow a plan, follow the strategy, follow the risk model and day in day out, month in month out, every year you will be increasing the numbers. We've been here years, and that's years of consistent stats and performance, nothing compares. That's this mornings targets completed, as well as the swing on Gold. What a week 🤕💥

These are the Hot Spots this morning. Not only yesterdays all completed, look to the left, every single one completed and ticked.

Our Hot Spots shared with you all yesterday

There we go, traded down, lovely entries from below, traded upside, move for us is completed here. We're still holding our runners from below 2300, will leave them with an open TP for now

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