As you can see on this chart our previous target which we plotted a week or so ago has been met. Excalibur gave us two targets, 1760 with an extension to the 1775 level and 1720.
We just missed 1720 which is suggesting to us the move down is not over. We’re taking longs from pullbacks but these are for short, sharp, quick captures with tight stops. We’re at a price point where we want to hunt for a good shorting opportunity.
Being gold, anything can happen as we should expect this to be a whipsaw ride again with the market trying its best to take out buyers and sellers before making its move.
Support:
1761
1755
1748
Resistance:
1785
1792
1802
1810
As always, trade safe.
Your likes, follows and comments are very much appreciated.
KOG
We just missed 1720 which is suggesting to us the move down is not over. We’re taking longs from pullbacks but these are for short, sharp, quick captures with tight stops. We’re at a price point where we want to hunt for a good shorting opportunity.
Being gold, anything can happen as we should expect this to be a whipsaw ride again with the market trying its best to take out buyers and sellers before making its move.
Support:
1761
1755
1748
Resistance:
1785
1792
1802
1810
As always, trade safe.
Your likes, follows and comments are very much appreciated.
KOG
🔵 FREE TELEGRAM CHANNEL: t.me/KnightsofGold
🔴 TWITTER: twitter.com/knightsofgold2
🟢 INSTAGRAM: instagram.com/knights_of_gold/
🟡 Disclaimer: Not financial advice. For educational purposes only.
🔴 TWITTER: twitter.com/knightsofgold2
🟢 INSTAGRAM: instagram.com/knights_of_gold/
🟡 Disclaimer: Not financial advice. For educational purposes only.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🔵 FREE TELEGRAM CHANNEL: t.me/KnightsofGold
🔴 TWITTER: twitter.com/knightsofgold2
🟢 INSTAGRAM: instagram.com/knights_of_gold/
🟡 Disclaimer: Not financial advice. For educational purposes only.
🔴 TWITTER: twitter.com/knightsofgold2
🟢 INSTAGRAM: instagram.com/knights_of_gold/
🟡 Disclaimer: Not financial advice. For educational purposes only.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.