Weekly chart:
We’ve shared this chart regularly with our followers and team in Camelot, again you can see how we tracked this move to the downside using the key weekly levels tapping into the 2nd to last level before creating the bottom and forming the bullish engulfing. Now we can see resistance turned into support again on this time frame so use the level for your longer term plan, key level support here is 1720 give or take.
Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated.
As always, trade safe.
KOG
We’ve shared this chart regularly with our followers and team in Camelot, again you can see how we tracked this move to the downside using the key weekly levels tapping into the 2nd to last level before creating the bottom and forming the bullish engulfing. Now we can see resistance turned into support again on this time frame so use the level for your longer term plan, key level support here is 1720 give or take.
Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated.
As always, trade safe.
KOG
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🔴 TWITTER: twitter.com/knightsofgold2
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🟡 Disclaimer: Not financial advice. For educational purposes only.
🔴 TWITTER: twitter.com/knightsofgold2
🟢 INSTAGRAM: www.instagram.com/knights_of_gold/
🟡 Disclaimer: Not financial advice. For educational purposes only.
