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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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Switch it to the 1H and you can see what is happening with the red boxes. Break, pull back, red box hit over the Asia session
We have broken above the level we wanted to test a short unless you managed to capture the 100pips or so from the reaction. The red boxes on the 15min were breaking and closing with the indicator showing strength for more upside.
We now have support at the 3310 level which is holding and resistance 3320 level which needs to break to target the 3330 level, which if targeted first could give us a potential RIP opportunity.
Key level today is 3295 support with 3330 resistance as the potential play
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Anyone follow DOW yesterday? As anticipated, retest came and another opportunity
This is saying caution up here, let's see if we can get a RIP
