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

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.

KOG! 💥

Another 120pip move from the low today.

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Knights of Gold (Gold/FOREX Analysis/Trade ideas)
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.

When everyone else was saying DXY was going down, KOG said up.

Daily:

Right members. We need to break above 1812 and hold for this to go higher. We're approaching our levels above where we want to short this. Lets keep an eye on the charts and the levels. We're not taking any more long trades up here. We'll share as soon as we identify the structure

KOG Members, there aren't many Analysts or Traders on social media who openly manifest their Gold Analyses like us. We publicly showcase how we trade, and how we analyse the charts level to level. All the Gold analyses is free.

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KOG