Retest of the channel breakout and its bounced. However, not an aggressive bounce so be careful

Support stands here and resistance at 1792-95

Daily close around here and the neckline is broken to the downside

Dear Members:

Thank you for all the emails in regard to membership. We have already filled our spots so please don't email us in regard to membership. We can't reply to everyone unfortunately so its easier to send a message on here.

We've only recruited twice this year and its likely we won't recruit now until 2022.

Please do look out for future messages about KOG membership on this group.

Hope everyone following had a successful days trading.

KOG

Can we try and get as many likes as possible. We appreciate our regulars who like and comment on our posts. You guys keep us going and keep this group free 🙏

Members, we haven't been around today. We'll try to publish a end of day report but if we can't we'll see you on Sunday for the weekly KOG Report. Wishing everyone a great weekend and hope you had a successful week.

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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.

KOG REPORT has been published on TradingView. Please do like and comment 🙏

USOil - On KOGs Radar this week. We've already shorted this 3 times last week. Looking for the big one this week

US/DJ30 - We already identified this was bearish from 2 weeks ago. We're preparing to get a good entry on this

DXY - Lets see if it plays ball.

Update: We're sticking with this but will update if anything changes. There will be a lot of traders now turning bearish because of the moves we've seen, even though we've been bearish months ahead of them. If this breaks up theres a chance this will go and test the pattern top around 1835 again. So trade this carefully, Gold has a habit of getting traders in big lots at bottoms and tops the wrong way round. Remember that!! Trade safe and use the levels etc on the charts. KOG

XAUUSD - Update:

We're still holding our shorts from above and looking to add more at the above level. If we get resistance there we will share the trade idea here.

Its FOMC tomorrow so any movement today should settle ready for tomorrow. As usual we will share our FOMC trade idea and analysis on this group.

BTCUSD - Anyone trading BTC. Something to keep in mind. Critical level here, if it breaks below there is a lot of space to the downside. Really needs to break 44k to continue going up

XAGUSD - Possible movement to come. A lot of bears on on the metals so expect the swings. FOMC tomorrow will move these pairs