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We'll share our Gold trading plan here tomorrow. We did say it would be an interesting week!
Knights of Gold (Gold/FOREX Analysis/Trade ideas)
KOG is testing the long trade for the highlighted levels. We're using a very small lot as it has the chance to open tomorrow and move down first.
GOLD! Make sure you're taking partials along the way. We've taking 50% of the trade at 1800
Gold update has been published on Tradingview.
Knights of Gold (Gold/FOREX Analysis/Trade ideas)
GOLD! Make sure you're taking partials along the way. We've taking 50% of the trade at 1800
Unfortunately after taking profits on this trade it closed by hitting the SL.
Daily:
We need to be careful as we suggested earlier in the week. We were looking for the two bearish candles on Monday and Tuesday which we got. Now we want to see if this resists at the 1804-8 level. IF it does, theres a possibility we may see the illustrated move play out. Its just a view and something to keep in mind. Breaking and closing above the level could change this view. We'll update you as we go along.
As always, trade safe.
KOG
We need to be careful as we suggested earlier in the week. We were looking for the two bearish candles on Monday and Tuesday which we got. Now we want to see if this resists at the 1804-8 level. IF it does, theres a possibility we may see the illustrated move play out. Its just a view and something to keep in mind. Breaking and closing above the level could change this view. We'll update you as we go along.
As always, trade safe.
KOG
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.
Many members who have been here from the beginning, will have seen how effective the analysis is in positioning them in the right direction, without getting caught on Gold.
Please do us a favour, share the group with likeminded traders and support us on social media. We want to help as many new traders as we can.
KOG
Many members who have been here from the beginning, will have seen how effective the analysis is in positioning them in the right direction, without getting caught on Gold.
Please do us a favour, share the group with likeminded traders and support us on social media. We want to help as many new traders as we can.
KOG
The group is growing by the day. We would love to help many more traders with our analysis and trade ideas. You're all welcome to invite others to join the group, benefit from what is shared and trade together with us.
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We appreciated all your likes, follows and comments. Give us a follow, share the group and keep up to date with KOG.
Invite link:
https://t.me/KnightsofGold
Find us on:
Instagram:
https://www.instagram.com/knights_of_gold/
Twitter:
https://twitter.com/KnightsOfGold2
We appreciated all your likes, follows and comments. Give us a follow, share the group and keep up to date with KOG.
Telegram
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.
KOG REPORT has been published on TradingView. Please do give us a like and comment 🙏
Wishing everyone following a successful weeks trading ahead. KOG
Not a great day for Gold today in terms of movement. Choppy price action, up and down within a small range. We can see that its getting ready to make a move and will most likely do so in the coming sessions.
We're still bearish on this, you can see the chart we posted yesterday and how its still below the resistance level . It did what we anticipated in our KOG report, went down first and then came up to hit the resistance and rejected. We can see its holding here but we need to wait for the close. It doesn't look like it will move much more for the remainder of the session so tomorrow is important.
We want to see this close below the 1795 level on the daily today. Tomorrow we may see Gold come down to challenge the support and up to challenge resistance levels until the news release at 13:30GMT where we will probably see more whipsaw price action to get traders stuck before it makes its move.
We're still bearish on this, you can see the chart we posted yesterday and how its still below the resistance level . It did what we anticipated in our KOG report, went down first and then came up to hit the resistance and rejected. We can see its holding here but we need to wait for the close. It doesn't look like it will move much more for the remainder of the session so tomorrow is important.
We want to see this close below the 1795 level on the daily today. Tomorrow we may see Gold come down to challenge the support and up to challenge resistance levels until the news release at 13:30GMT where we will probably see more whipsaw price action to get traders stuck before it makes its move.