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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Knights of Gold (Gold/FOREX Analysis/Trade ideas)
https://uk.tradingview.com/chart/XAUUSD/WXrAp31C-XAUUSD-1H-Long-Idea/ Same idea as the earlier post with a slight update. KOG
Gold approaches our first target price of 1803. We didn't get that pullback we wanted yesterday a little lower but we we're expecting the rise and the break of 1795 which is more important. What we need to look for now are the higher price targets of 1807-11 as we've been suggesting for the last few weeks. Ideally, we want Gold to face a strong reaction at this level. A daily close above 1800 will indicate further rise to come. FOMC tomorrow, so we would expect that pullback at some point later today.

We're back before the US session with a further update and trade idea. Please read the KOG report from Sunday and the other analysis for further clarification. All the levels have been published on this group, please do use them.
Todays Key levels:

Support:
1795
1790

Resistance:
1808
1814
Knights of Gold (Gold/FOREX Analysis/Trade ideas)
Todays Key levels: Support: 1795 1790 Resistance: 1808 1814
Gold, nice reversal from the 1814-16 level back down to the key level of 1795. We want to see if this closes on the daily below 1800 ready for tomorrows FMOC.
Dear members. FOMC analysis has been published on TradingView. Please do hit the like button and give us a follow if you're not already.

This analysis is only valid for FOMC, although it fits in with our overall plan. If we spot a trade during the event we will share it with you here.

As always, we would advise anyone with less than 6 months trading experience to sit the event out, wait for the market to settle before jumping into any trades.

We'll be back later for the main event.

KOG
If you're in longs from below as per the earlier weeks analysis then expect the market to whipsaw a bit. Don't panic, these events are here to make traders emotions kick in and force them into making emotional decisions. Always manage your risk and use an appropriate lots size relative to your account.
We're going to publish the DXY analysis along with silver later today
KOG direction short-term is still up. We're looking for higher levels to go short on this
DXY - 1H

KOG Target identified. Potential for FOMC to push the dollar into that region before a reversal.

NOTE: This is not a signal
XAGUSD - 1H

Our thoughts on Silver. Potential move to come. Keep an eye on Silver if you're trading Gold.

NOTE: This is not a signal.
Knights of Gold (Gold/FOREX Analysis/Trade ideas)
EURJPY: Supported below. Lets see if it reaches our area of interest. Resistance at 132.06
EURJPY -

We totally forgot about this trade. Went into our area of interest and straight down into the Excalibur targets. Hit the target on the 21st of June. Apologies for not keeping track of this one.
We've shared a brief update on TradingView. Nothing has really changed with our overall view. Gold is still back in the range, however, its trading above 1800. We're looking for a short term lower level to come in the US session but need the price to support. The box shows the range we're expecting and the levels we're looking at.

We'll be back to normal from next week sharing our daily trade ideas and analysis.

If anything changes we'll update you.

KOG
We will share our key levels or support and resistance with you all tomorrow so you can add them to your charts.

Wishing everyone a great remainder of the weekend. See you tomorrow for hopefully a successful trading week ahead.

Knights of Gold.