Chart update:

support should hold below at 1790 and now resistance is 1800. They've opened up 1800 so lets play it safe. We'll be back tomorrow with our usual FOMC trade plan.

This hit SL unfortunately.

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.

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

https://uk.tradingview.com/chart/XAUUSD/aepE5QmI-XAUUSD-KOG-REPORT/

KOG REPORT has been published on TradingView. Its a bit too long to publish on here so please do have a look and leave us a like and comment 🙏

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.

Following on from yesterdays analysis, we can see the price is doing exactly what we expected. The move down towards the lower levels where we should find some support. We're going to test the first long entry at the illustrated level of around 1795 first and a lower level of 1790. Breaking below 1780 would negate this trade idea. The stop is larger than what we would usually like to use so we would suggest you use the analysis as a guideline and use the levels appropriately.

That 1784 level is really important. If it goes there it needs to support strongly at the level.

As always, trade safe.

KOG

We're taking 20% of the trade here and moving the stop to the entry price. IF it hits the stop the trade is safe, we'll get a better entry below

Lovely move down and up.

Please see the KOG report for our target areas. First target is 1805

If this doesn't break up above 1800 we're going to take at least 75% of this trade of the table and move the stop to entry. Protect your trades, this is Gold, it will shake and whipsaw buyers and sellers. Always take partials and protect trades