Knights of Gold (Gold/FOREX Analysis/Trade ideas)
8.95K subscribers
7.27K photos
115 videos
9 files
2.43K links
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.
Download Telegram
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.
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
Lovely move down and up.
Knights of Gold (Gold/FOREX Analysis/Trade ideas)
Photo
Please see the KOG report for our target areas. First target is 1805
Knights of Gold (Gold/FOREX Analysis/Trade ideas)
Photo
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
Free trade now. Taking another 40% here, thats 60% taken with stop to entry
No we can relax and let it do what it wants
Thats us done for the day. Back tomorrow
Shared with KOG members this afternoon. The power of Excalibur. See you all tomorrow and wishing everyone a successful trading week ahead
XAUUSD 15M - Update:

After yesterdays move in gold its looking like its taking a bit of a rest before its next move. We managed to get in for a good long opportunity yesterday of which we have taken a lot of the profit out of the trade. We've protected it with the stop moved to entry, however, we're not ruling out one more spike down towards that 1795 level which is represented on the chart as the 15M key level. We know how gold likes to shake out both buyers and sellers so lets expect some more volatility to come later.

The 4H and daily both suggest bullishness in the coming sessions so we'll leave the trade we have in for now. The arrows on the chart illustrate the potential move we're looking at.

Support:

1805
1801
1795
1790

Resistance:

1810-12
1817/8
1826
1836

As always, trade safe. We'll be back later if we identify a good entry point, whether that be a long or short.

KOG
Members. A lot going on this week so lets make sure we try to stay ahead of the markets. Use the Daily levels we've published with the analysis and the updates. Try to trade smaller than usual this week as there will be a lot of movement on these releases.