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Gold: Dual Impact of NFP and Geopolitical RisksGood morning, everyone! Yesterday’s intense market fluctuations made fortunes for some and losses for others overnight. As time progresses, we see clearly on the 30-minute chart that MA60 has shifted downward from around 2770 to 2760, while the primary uptrend support has moved up from 2730 to approximately 2740. This suggests that, under MA60 resistance, gold might retrace to test support near 2740. Meanwhile, the upcoming Non-Farm Payroll (NFP) and unemployment data will be key drivers for gold’s direction. And don’t overlook another major factor: a potential response from Iran, which could bolster gold’s safe-haven demand. After reading this, do you feel more clear on your trading strategy? If not, feel free to read it again, or reach out to me—I’m here to help clarify and refine your approach!
FOREXCOM:XAUUSDLong
by MichaeliaDefoe
11.1 Gold shock awaits non-agricultureJudging from Wednesday's ADP, non-farm payrolls on Friday should also maintain good growth. The same is true for the initial clearing last night. The sharp retracement before the data is basically the early digestion of the data. 1. The price broke the morning starting point before the US market and rebounded at 6-8 o'clock. This pattern must not have fallen much. We have been emphasizing this point of view to everyone recently: Don't buy more twice when gold retreats in the US market. After the increase is too large, it is easy to fall by a large margin. Double bottoms, 618, and other positions are not caught, and there is no rebound. But compared with yesterday's empty, it is the rhythm. Continuous failures and no operating mentality are easy to form. If you can't get started when you see it right, and you can't hold back and get started, it's wrong. 2. The morning is still a cyclical rise. Intraday analysis: 1. A sharp drop in the rise, the first day is still a bull correction, which has been seen countless times before. 2. The continuous sharp drop breaks the bottom, which changes the short-term bull direction. 3. There will be non-agricultural data tonight. Before the non-agricultural data, the overall market should not change much. 4. If the bearish outlook continues, the rebound in the morning is focused on the European session. If the European session continues to rebound, the US session will inevitably fluctuate. If the market is weak, the European session will retreat first. At present, it is obviously the top of the hourly big Yin line at 2757, because this position breaks the position of the decline and rebound at 382. And there is no high point of correction in the early morning, so it can only be arranged at the top of the big Yin line. At the same time, the non-agricultural data is divided into two parts: 1. Look at the second retracement before the non-agricultural data. 2. Whether the non-agricultural data can continue the decline of yesterday depends on the data. Last month, it was 254,000, and this time it is expected to be only 11.3. Whether it is from the initial claims or from ADP, it is impossible to be lower than 11.3. It can only be high. How high it is depends on the data performance. Therefore, the worst non-agricultural data is also bad for gold. It just depends on how bad it is. For example, ADP rebounds first and then falls, or it retreats directly. As long as the data is higher than 150,000, the pullback is also empty, but no matter what, the European session is very critical. The European session continues to rebound and is strong. The US session fluctuates, but the European session is weak, and the probability of breaking the bottom is high.
FXOPEN:XAUUSD
by David_strategy
XAUUSD: Wait for a drop before rising, target 2800Yesterday, Wednesday, the United States released the October "small non-farm" data. The ADP employment in October recorded 233,000, the largest increase since July 2023. These figures are contrary to expectations of economic slowdown after the Boeing employee strike in October and the two brutal hurricanes and attacks on the US East Coast ports. The subsequent release of the US third quarter real GDP annualized growth rate recorded 2.8%, lower than the expected and previous value of 3%. Consumer spending, which accounts for the largest share of economic activity, increased by 3.7%, the largest increase since the beginning of 2023. At the same time, data from the US Bureau of Economic Analysis showed that the initial value of the annualized quarterly rate of the core PCE price index in the third quarter of the United States rose by 2.2%, roughly in line with the Fed's goals. Spot gold continued to hit a record high, hitting the $2,790 mark during the day, but failed to get above this level. From the current point of view, 2,790 is very likely not the high point of gold, but the risk of retracement also needs to be considered. Therefore, we can't blindly be bullish, but need to wait for a retracement before considering buying
TVC:GOLDLong
by AntonyTP
Is now the best time to short gold prices?I don't think so. I believe you have read the article I posted yesterday. If not, read it again. Is the accuracy of the fast trading strategy amazing? Indeed. This is the strength of the fast trading strategy analysis team. At present, the values ​​mentioned yesterday have been fully achieved today. Today, I led all members to go long on gold prices again to expand profits. There are about 9 profitable orders. You can refer to the fast trading strategy grouping Tomorrow's trading direction: Check above to see if the position of 2786 can be successfully broken through. If not, you can refer to the opportunity to sell above 2786 and buy near 2770 tomorrow. If it breaks through, then 2800 points is not far away. At present, there is no major news to promote it. Focus on the initial jobless claims data on Thursday night and the release of non-farm data on Friday. This week's time is also very tight. After all, good trading opportunities want to expand profits. Members of the fast trading team are no exception. So I am also busy. Market analysis for three days this week. The accuracy of the signals is obvious to all. Trading is actually very simple. As long as there is trading funds in the account, everyone can leave me a message. Everyone has equal opportunities. No one wants to be a person who keeps losing money! Everyone agrees, right? There are only two trading opportunities left this week, and the trading space is still very large. The proportion of making money. The probability of making 70% profit on 100k is more than 95%. The probability of making 100% profit is more than 85%. The above are all cumulative data. People who continue to pay attention know this. Regarding trading, this is all I will notify you today. If you have any questions, you can leave me a message at any time. I will reply and solve them in time when I see them.
TVC:GOLDShort
by George_parse
10.31 gold box vibration???Gold is mainly affected by the following three aspects: 1: The October US non-farm payrolls data will be announced at 20:30 on Friday. The US September ADP employment data released on Wednesday increased significantly beyond expectations. Next tonight, the US September PCE price index and the number of initial jobless claims for the week will be released. 2: The US presidential election next Tuesday (November 5th), there are less than 4 trading days left. Who will eventually enter the White House in the battle between the Donkey and the Elephant parties? Especially on November 5th, the day of the election, the gold market will definitely fluctuate violently! 3: Geopolitical risk events, North Korea tested an intercontinental ballistic missile around 7:10 this morning, and Iran will say that it will retaliate against Israel before November 5th. With the reshaping of the world pattern, the geopolitical risks in the Middle East are spreading to the world. As the price of gold approaches $2,800, bulls and bears diverge again. The last time gold approached $2,700, it adjusted around $2,685, which ultimately did not affect the upward trend. It just threw the bulls off the train during the adjustment, which also hit the bulls' morale for short-term operations. This time, when it approached $2,800, the bulls paused. On Wednesday, the market repeatedly washed between 2,790 and 2,770. In addition, the heavy pound data will be released today, tomorrow and next week. The suspense will naturally be left to the non-agricultural data today and tomorrow night. 1 hour, it quickly fell back to the 2,770 point where it started to rise in the morning, forming a high-level box shock. At present, the gold price has not stabilized at 2,790. Don't rush to chase more, but pay attention to the direction of the 2,790-70 box range breakthrough, and try to avoid chasing the edge position within the box.
TVC:GOLDShort
by David_strategy
1
XAU/USD 31 October 2024 Intraday AnalysisH4 Analysis: -> Swing: Bullish. -> Internal: Bullish. Gold’s rally persists, driven by the Fed’s dovish stance and heightened geopolitical tensions, strengthening its safe-haven appeal. Price has recently printed higher highs, bringing CHoCH positioning significantly closer to current price level. A bearish CHoCH has printed, signaling the first indication, though not a confirmation, of a potential bearish pullback phase initiation. Price is now trading within an established internal range. Intraday Expectation: Price is expected to continue bearish, potentially reacting at the H4 demand zone or the discount of the H4 internal 50% EQ before targeting the weak internal high. H4 Chart: M15 Analysis: -> Swing: Bullish. -> Internal: Bearish. In yesterday’s intraday analysis, I mentioned that technically, price was expected to react at the internal 50% EQ discount to target the weak internal high. However, there was also potential for a bearish iBOS, which is exactly what unfolded. Price has made multiple attempts to breach the strong internal high at 2,789.855 but has yet to succeed, leaving it intact. Intraday Expectation: Price has reacted from the H4 supply zone. Technically, price is now expected to target the weak internal low at 2,770.925. Note: Price remains highly volatile due to ongoing geopolitical tensions and the Fed’s dovish stance. M15 Chart:
OANDA:XAUUSD
by Khan_YIK
Strong gold will continue to challenge the 2800 mark Gold prices continued to rise today, and have hit a record high of $2,790 per ounce so far, with the technical upward trend remaining intact. The technical signal is clear, that is, bulls are dominant and the trend is long. We had already intervened and followed up before the price broke through the previous high yesterday. After profit-taking, we continued to follow up and look bullish today. The US election is getting closer, and the uncertainty before and after it is bound to increase the market's risk aversion sentiment. At this stage, the time has not yet arrived for the shorts to fully release their momentum, and even if there is a retracement, the trend cannot be reversed. Moreover, we can also see from recent economic data that the Fed's expectations for interest rate cuts have not decreased, and the probability of subsequent interest rate cuts and large interest rate cuts is still there, that is, there are factors supporting the further rise in gold prices. During the rise in gold prices, the world's largest gold ETF saw a reduction in holdings yesterday (-1.72 tons), and the silver ETF saw a reduction in holdings on the 28th (-19.85 tons). This data is only for reference and is not the only basis for judging the trend of gold and silver. Today, Wednesday, the U.S. October ADP employment (small non-farm) and third quarter GDP data will be released in the evening. If the data is higher than expected, it will theoretically have a negative impact on the price of gold, otherwise it will push it up. According to the "Multi-cycle Super Trend Indicator", the upper pressure in the short term is around $2,785, which has been broken through, and further extension can be seen at $2,800 and $2,805. The first support below is $2,772, and then $2,764. Especially in the current month-end period, there is always a time when the power of gold prices is exhausted in the slow rise, so it is necessary to pay attention to the sharp decline after the price approaches or breaks through the $2,800 mark. Last Wednesday, the price of gold hit a new high, and then it was under pressure to consolidate. The sharp dive in the evening swallowed up all the gains during the day, and the single-day decline was as high as $50. Today is also Wednesday, and the past trend may not be completely repeated, but we have to be vigilant.
FOREXCOM:XAUUSDLong
by Yuliya1l11
10.30Gold accelerates to the top, 2780 watershedThe gold market rose strongly yesterday. It opened at 2742.3 in the morning and then fell back to 2739.5. After that, it rose strongly. After reaching the previous historical high of 2758, the market was under pressure and consolidated to 2745.8. After that, the market rose strongly in the US market due to fundamental stimulus. After breaking the previous historical high, it reached the highest point of 2774.9 and then consolidated. The daily line finally closed at 2774.5. After that, the market ended with a saturated large The market closed with a positive line, and after this pattern ends, today's market has the technical need to impact the 2805 pressure. In terms of points, the longs at 1996 and 2028 below have stop losses followed up at 2600. After the long positions at 2722 were reduced last Friday, the stop loss followed up at 2735. Today's market is 2762 longs and 2759 longs are conservative with stop losses at 2755. The target is 2775. If it breaks through, the target of this round of impact will be at the 2800-2805 pressure.
TVC:GOLDShort
by David_strategy
1
Those who are shorting or want to short remember to readToday, the market has reached my target position of 2757, 2765.2770 for the third time. The long order has completely won. After the fast strategy of high-level selling and low-buying was announced today, members all made good profits. In such an extreme market, I think such a profit is acceptable. Maybe for many people, not losing money is a good result. But not for me. There must be a profit every day. And it must be a good profit. Next is the short selling plan. Today, the New York market is expected to retreat to 2765 or below. If it reaches, continue to go long. The target is 2775. The Asian market can continue to wait for the position of 2780. The announcement of GDP the next day needs to be paid special attention. If the data is negative, the probability of reaching 2800 this week is not high. If the data is positive, then 2800 is very close. Because there will be a non-agricultural data release on Friday this week. This value can determine whether the market can reach 2800 points. In layman's terms, the gold price will continue to rise from today to tomorrow. It has been expanding profits for a month. Others verify based on the winning rate. My verification method is based on the failure rate. If you want to save your account, follow me. And leave a message.
TVC:GOLDLong
by George_parse
XAUUSD: Based on Previous Analysis! **XAUUSD: 1-Hour Chart Analysis** Hello Traders, Based on our previous analysis, we had expected prices to reversed from our designated buying zone. And price did that exactly, reversing from 2625 which took the price towards 2771. Where we have seen some resistance. We still are very much bullish on Gold. Next targets are 2800$ and then 2900$ as followed. Gold experienced a surge, reaching 2605 before reversing its direction. Investors anticipated a decline below 2700$. However, the price rebounded to 2743$, filling the volume gap and subsequently dropping to 2715$, which marked the last low. Despite this, the price failed to establish another lower low. Subsequently, it fluctuated within the vicinity before exhibiting a shift in price character. The upcoming chart analysis indicates an exceptionally bullish outlook. Price has the potential to create another higher high, supported by robust fundamentals and technical indicators signalling a strong bullish sentiment. Traders with open buy positions may consider holding them. The market opened with a sell side gap on Monday, which does not invalidate our entry at all. Currently, the price is 400+ pips in the green. I recommend closing half of the positions.
OANDA:XAUUSDLong
by Setupsfx_
6
XAUUSD: Beware of the pullback, sell at high today, target 2730The trend of gold perfectly replicated my idea yesterday. I explained yesterday's trading strategy and future gold price trend very clearly. Yesterday's closing price is very important to the future trend of gold. If the price can close above 2740-2735, the gold price will start to rise. Otherwise, it will continue to adjust if it closes below. Yesterday’s closing price was just above 2740, and today’s opening price continued to rise, with the highest point once again reaching the historical high of 2757. Next, I don’t think gold will directly set a new historical high again, because the monthly NFP data will be released this week. It is unlikely that it will set a new high before the data is released. There is a high probability that it will adjust first and then when the data is released. Refresh the high of 2757. As for today's trading direction, I think it is feasible to choose to short at a high level
TVC:GOLDShort
by AntonyTP
1
Gold is approaching its all-time high as the market awaits major With the strong recovery of the US economy, market expectations for future interest rate cuts by the Federal Reserve have gradually weakened. The 10-year Treasury yield rose to a three-month high on Monday, which usually puts pressure on gold prices. The US dollar index rose 3.6% in October, its best monthly performance since April 2022, making gold less attractive to overseas buyers. Although it is facing some pressure at present, the uncertainty of the general election may curb selling activity, and any action may have a greater impact on gold prices. In terms of geopolitics, tensions between Israel and Iran remain the focus of market attention. Iranian Foreign Ministry spokesman Bagae said that Iran will not give up its right to respond to Israel's "aggression", emphasizing that under international law, countries that have been aggressed have the right to fight back. This statement may exacerbate market uneasiness and drive demand for safe-haven assets. The Israeli Defense Forces completed a "precision strike" against Iran on October 26. Although the attack was small in scale, it still caused market concerns about the future situation. The Iranian military claimed to have successfully defended against the Israeli attack. This tension may continue to affect market sentiment in the coming weeks, and thus affect gold prices. The strength of the dollar makes gold more expensive in dollar terms, which has dampened the willingness of overseas investors to buy. The market is confident in the strong performance of the US economy, especially in the job market and consumer spending, which has driven the further appreciation of the dollar. The policy direction of the Federal Reserve will have a profound impact on the gold market. The market generally expects the Federal Reserve to discuss future interest rate strategies at its policy meeting on November 6-7. According to market expectations, the possibility of a rate cut remains, but market expectations for a rate cut have gradually weakened due to the strong performance of economic data. Federal Reserve officials expressed optimism about the economic outlook in recent speeches, believing that the current unemployment rate and inflation levels are within an acceptable range. This optimism may lead to changes in market expectations for future rate cuts, which will affect gold prices. Because U.S. Treasury yields rose and the dollar strengthened, while investors were waiting for a series of heavyweight U.S. economic data and risk events to be released this week for clues about the Fed's interest rate outlook, but the uncertainty of the U.S. election and concerns about the geopolitical situation still provided safe-haven support for gold prices, so gold fluctuated upward on Monday. After the opening of today's market, the price of gold has risen strongly. At present, the short-term upward trend of gold remains good, so today investors continue to pay attention to the 2740 area of ​​the 1-hour upward trend line support below, and continue to go long on gold after gold pulls back and stabilizes. The JOLTs job vacancy data for October to be released today will become the focus of investors' attention. This data reflects the supply and demand situation in the labor market. At the same time, the US ADP employment data, personal consumption expenditure (PCE) data, and non-farm employment report will be released this week. These data will directly affect the market's expectations of the Fed's future policies. If you are interested in my analysis, please comment and tell me, thank you
FOREXCOM:XAUUSDLong
by Yuliya1l11
2
XAU/USD 29 October 2024 Intraday AnalysisH4 Analysis: Analysis/bias remains the same as analysis dated 27 October 2024. -> Swing: Bullish. -> Internal: Bullish. Gold’s rally persists amid the Fed’s dovish tone and heightened geopolitical tensions, solidifying its safe-haven appeal. Price has printed a bearish Change of Character (CHoCH), signaling, but not yet confirming, the start of bearish pullback phase. Intraday Expectation: Despite the bearish CHoCH, price has yet to pull back into the internal 50% EQ discount. We could see a reaction at the H4 supply level before any confirmation of bearish pullback initiation. Technical Note: The strong high at 2,758.525 is anticipated to remain protected. However, with CHoCH positioning on the daily timeframe somewhat distant, price may print a bullish iBOS in the near term to align with the daily timeframe’s movement. H4 Chart: M15 Analysis: -> Swing: Bullish. -> Internal: Bearish. Analysis/intraday expectation remains the same as analysis dated 24 October 2024. Yesterday's intraday expectation was not met, as price failed to target the weak internal high and instead printed a bearish Internal Break of Structure (iBOS). This aligns with the H4 timeframe being in a pullback phase. As previously highlighted, price remains highly volatile, driven by ongoing geopolitical tensions and the Fed's softer stance. Price has since printed a bullish Change of Character (CHoCH), suggesting but not confirming the initiation of a bullish pullback phase. Currently, price is trading within a well-established internal range. Intraday Expectation: Price is reacting around the 50% equilibrium of the internal range and may also react at nested H4 and M15 supply levels before targeting the weak internal low. M15 Chart:
OANDA:XAUUSD
by Khan_YIK
2
Perfectly achieved goal 2757The market is crazy. After buying gold at 2741 price. Had a good nap. Hit the target directly. I think there is nothing more pleasant than this. Is it because yesterday's market fluctuations were too stable, so today I was given a small surprise in advance? I believe many people have seen the quick trading strategy I posted and bought it. That is worth toasting. This is the fast trading strategy.It is a beacon on the road.It guides you in the direction and allows you to see the road clearly in the dark night. OANDA:XAUUSD COMEX:GC1! CAPITALCOM:GOLD BITSTAMP:BTCUSD COMEX_MINI:MGC1!
TVC:GOLDLong
by George_parse
Gold short-term day trading plan.From the trend point of view. Compared with long and short positions, the bulls are still slightly stronger. So the operation is still mainly based on low buying. The intraday trend maintains high fluctuations. The amplitude is about 15 US dollars. But it finally returned to the high level in the New York market, which is enough to prove the strength of the bulls. At present, the gold price is maintained at the 2741 line. The analyst of the fast trading team said that in the short term, it can be maintained at a low buy below the price of 2735. Whether the pressure of the upper 2760 line can be broken. If it breaks through, continue to go long. If the pressure is very high. Then short selling at high levels can be maintained in the short term. Short selling at a high level. (This view is for reference only) Specific transactions are mainly based on real-time notifications. There was no loss in trading failures on Monday. Others look at the record by the winning rate. I only measure the record by the losing record. The fast trading strategy is tailored for: novices. Trading losses, those who want to expand profits but do not expand profits, and those who are unclear about the direction and do not know how to analyze the market. If you are also. Then you can try to change your trading style with fast trading strategies and get rid of those hateful labels. OANDA:XAUUSD CAPITALCOM:GOLD BITSTAMP:BTCUSD NYMEX:MCL1! BINANCE:BTCUSDT
TVC:GOLDLong
by George_parse
XAU/USD 28 October 2024 Intraday AnalysisH4 Analysis: Analysis/bias remains the same as yesterday's analysis dated 27 October 2024. -> Swing: Bullish. -> Internal: Bullish. Gold’s rally persists amid the Fed’s dovish tone and heightened geopolitical tensions, solidifying its safe-haven appeal. Price has printed a bearish Change of Character (CHoCH), signaling, but not yet confirming, the start of bearish pullback phase. Intraday Expectation: Despite the bearish CHoCH, price has yet to pull back into the internal 50% EQ discount. We could see a reaction at the H4 supply level before any confirmation of bearish pullback initiation. Technical Note: The strong high at 2,758.525 is anticipated to remain protected. However, with CHoCH positioning on the daily timeframe somewhat distant, price may print a bullish iBOS in the near term to align with the daily timeframe’s movement. H4 Chart: M15 Analysis: -> Swing: Bullish. -> Internal: Bearish. Analysis/intraday expectation remains the same as analysis dated 24 October 2024. Yesterday's intraday expectation was not met, as price failed to target the weak internal high and instead printed a bearish Internal Break of Structure (iBOS). This aligns with the H4 timeframe being in a pullback phase. As previously highlighted, price remains highly volatile, driven by ongoing geopolitical tensions and the Fed's softer stance. Price has since printed a bullish Change of Character (CHoCH), suggesting but not confirming the initiation of a bullish pullback phase. Currently, price is trading within a well-established internal range. Intraday Expectation: Price is reacting around the 50% equilibrium of the internal range and may also react at nested H4 and M15 supply levels before targeting the weak internal low. M15 Chart:
OANDA:XAUUSD
by Khan_YIK
2731-2725 Short Sell,SELL XAUUSD Overnight gold prices continued their bearish trend again, and the fast trading strategy members made another good profit. Trading is like this, buy in a bullish trend and sell in a bearish trend, so as to earn the difference and make a profit. Don't miss the deal in hesitation. I said this a month ago. Now is the best time to trade the market. Trading is a place to experience risk, passion, and thus expand profits. Whether you are a novice or an old hand, you will have different gains. This week, most members of the fast trading strategy have achieved a profit of more than 168%. A few are less than 80% due to the time of joining the group. In addition to accurate market analysis and strict guidance, all members have achieved different levels of profit. This is the result I want to see. This is also my original intention. Today is the last trading day of the week. The market may not be particularly volatile, but there are still opportunities to expand profits and recover losses. If this is you, don't hesitate. The strategy of the Fast Strategy Group is definitely suitable for you. Whether you are a novice or an old hand. Supplement. Today's trading market is mainly short at a high level. The trading strategy notified in real time by the fast team is the main one.
CAPITALCOM:GOLDShort
by George_parse
3
Did you follow the low position to buy yesterday? If you didn't follow. It's a pity, you just missed the profit of more than 20 points. After the big drop yesterday, it rebounded overnight. And I just announced the fast trading strategy. The market development trend is consistent with my fast trading strategy, and the target is 2725-2740. The obvious pressure is 2735-2740. At present, the increase in the Asian market and the London market is almost the same. There is a big upward pressure in the short term, so we will not buy. Selling is the main thing. A head and shoulders posture is also formed above. Whether you have large funds or small funds, you can make money by selling gold prices. The 2735-2740 range is mainly short-selling. tp2724-2714, you can close it at any time when the profit reaches your expectations. OANDA:XAUUSD BITSTAMP:BTCUSD CAPITALCOM:GOLD
TVC:GOLDShort
by George_parse
1
KOG's RED BOXES - GOLDRed Boxes: Break above 2755 for 2762, 2768, 2780 Break below 2742 for 2732, 2720, 2709 Many of us sit and wait for the perfect entry, I can tell you, unless you're scalping, this hardly ever happens. The key to get an entry is identifying your target region first! Once you have identified that target region, then start looking not for a precise entry, but a region or a zone you want to be testing your entry in. The skill is not getting in too early, and if you get in too late, you're usually going to be the wrong side of the market. So, use the bias and the red boxes, bullish/bearish above/below. Most new traders struggle with basic support and resistance or identifying zones; hence they’ll usually enter the market at the wrong time and place. This is where red boxes are really helpful, you can use them to identify key regions if you’re scalping or use the higher or lower ones for day trading and managing trades in-between. KOG’s Red boxes are part of our strategy and are added to our targets to further fine tune our entries and exits. We also use them combined with our hotspots and Excalibur/LiTE targets to keep us in the right direction of the markets, allowing us to trade between the levels, scalp in ranges or in low volume periods as well as identify possible turning points on the pair we’re trading. We’ve been using these now for a few years and they have proven to work extremely well when combined with our other strategy as well as a standalone strategy in itself, once you have experience. You need to have a plan and you will need to have basic knowledge of price action, you can add MA’s, indicators of your choice, and use these with your own strategy to limit your drawdown and identify when you may be in the wrong side of the market. You will notice the boxes, just like usual support and resistance will give RIPs. Keep an eye on KOG’s bias of the day together with the targets as well as the analysis we share on the KOG Report updates. This will help you to make a plan for the day, then add the red boxes to your charts and hopefully you’ll notice a difference in your trading. As always, trade safe. KOG
FX:XAUUSD
by KnightsofGold
10