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 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'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 🙏
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 🙏
TradingView
XAUUSD - KOG REPORT for OANDA:XAUUSD by KnightsofGold
In last weeks KOG report we said that we were looking for 1795 to break at some point and for the price to reach our anticipated levels of 1810 and then 1835. We saw just that during the course of the week with the price hitting the level of 1810 and slightly…
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.
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
That 1784 level is really important. If it goes there it needs to support strongly at the level.
As always, trade safe.
KOG
Knights of Gold (Gold/FOREX Analysis/Trade ideas)
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…
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
Knights of Gold (Gold/FOREX Analysis/Trade ideas)
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Please see the KOG report for our target areas. First target is 1805
Knights of Gold (Gold/FOREX Analysis/Trade ideas)
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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
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
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
Knights of Gold (Gold/FOREX Analysis/Trade ideas)
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…
KOG! 💥