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Quick update:
Liquidity indicators are suggesting a lower low on the way while the red box is broken. As we mentioned in yesterdays report, we were not discounting an undercut hence we are protected. Support here stands at the 3315-20 region while resistance is 3335 which will need to break above. You can see thin volume now pre-event (Powell Speech) 15:00 UK time. Jackson Hole is in progress, and no reporters are allowed inside, so what ever he comes out and says it likely to move the markets.
Liquidity indicators are suggesting a lower low on the way while the red box is broken. As we mentioned in yesterdays report, we were not discounting an undercut hence we are protected. Support here stands at the 3315-20 region while resistance is 3335 which will need to break above. You can see thin volume now pre-event (Powell Speech) 15:00 UK time. Jackson Hole is in progress, and no reporters are allowed inside, so what ever he comes out and says it likely to move the markets.
β€15
Over 5yrs we've been making a difference to traders journeys. We've seen them come and go, some have left and set up their own groups through KOG teachings, some have left to become successful full time traders, some remain as successful full time traders and are helping in the group. Most here are learning together, sharing experiences, knowledge, guidance and most of all following Excalibur and LiTE targets, the Red box entry and exit system, and Knights indicators.
It's been a pleasure helping you all and sharing my thoughts and targets. It's Camelot Friday so we'll concentrate on tidying up and closing off positions for a new week ahead. We'll see you on Sunday for the KOG Report.
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It's been a pleasure helping you all and sharing my thoughts and targets. It's Camelot Friday so we'll concentrate on tidying up and closing off positions for a new week ahead. We'll see you on Sunday for the KOG Report.
Knights of Gold (Gold/FOREX Analysis/Trade ideas)
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π KOG's Broker of choice: Hantec Markets
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π Looking for a reliable prop firm: Hantec Trader
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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)
Quick update: Liquidity indicators are suggesting a lower low on the way while the red box is broken. As we mentioned in yesterdays report, we were not discounting an undercut hence we are protected. Support here stands at the 3315-20 region while resistanceβ¦
There's the undercut pin point on the red box
β€8
Knights of Gold (Gold/FOREX Analysis/Trade ideas)
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I think we can call it a day and week here. See you on Sunday for the KOG Report, have a good weekend and don't forget to give us a BOOST on our Tradingview ideas please. β€οΈ
β€26π7
Forwarded from Knights of Gold (Gold/FOREX Analysis/Trade ideas)
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https://www.tradingview.com/chart/XAUUSD/VuIy7pZK-THE-KOG-REPORT/
THE KOG REPORT has been published on Tradingview. Please support us and the free channel by hitting the like/boost π buttonπ on our Tradingview ideas
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THE KOG REPORT has been published on Tradingview. Please support us and the free channel by hitting the like/boost π button
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THE KOG REPORT for FX:XAUUSD by KnightsofGold
THE KOG REPORT
In last weekβs KOG Report we said we would be looking for price to test that 3550-55 region and hopefully get a rejection there taking us downside into the lower levels and targets. This move worked well, although we got 3358 it completedβ¦
In last weekβs KOG Report we said we would be looking for price to test that 3550-55 region and hopefully get a rejection there taking us downside into the lower levels and targets. This move worked well, although we got 3358 it completedβ¦
β€16π1π₯1
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Absolute blinder of a report. What a tap and bounce from the hotspot π₯
π11β€5π₯4
Nice move there from our hotspot into the Excalibur target but as you can see, no break above the box! Support now sits at the 3365 level which will need to break to go lower while resistance 3380
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Knights of Gold (Gold/FOREX Analysis/Trade ideas)
Photo
Still playing the 3365-78 levels which are holding but also giving opportunities for scalps on the red box indicators which are firing!
No major news today but it's likely NY will bring in the volume
No major news today but it's likely NY will bring in the volume
β€19π3
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β€7