US30 - This has broken the trend on the weekly. Waiting for a retest above and we will look to short it again.

XAGUSD - 4H

Look for resistance above. If it breaks it will likely continue to play bullish. We're waiting for an Excalibur indication at that point to short it again as long as it holds.

DXY - Levels to look out for on DXY. Still bullish on this, however, we wouldn't rule out a small correction to the downside.

USOIL - This is a really important chart, especially with the fundamentals behind it. A lot of bulls in this looking for $100pb. Needs to break above to continue rising. Trade the chart, not the news. We think there's a correction on its way, we'll wait for Excalibur.

Thats all members. Wishing you all a successful weeks trading ahead. We'll be publishing regular updates as always throughout the week. KOG

Please do like and support the channel and free analysis on TradingView and on social media. Thank you to the members who regularly like and comment on our posts, it doesn't go un-noticed. You guys keep the channel going 🙏

Gold - We were expecting Gold to hit the 1750-45 level where we suggested protecting trades and taking partial profits. We can see we have broken the daily high around the 1765 mark, so now we're waiting to see if this acts as a support level. We have NFP this week so we're not expecting there to be any big moves, more a ranging market between these support and resistance levels.

Support - 1765/1750/1745
Resistance - 1770/1775/1785

Dear KOG members. We are on limited service to our members this week hence there haven't been many updates. We will however be back tomorrow with our usual Pre-NFP analysis and trade ideas. Hope you're all trading well.

NFP Breakdown has been published on TV.

Our daily chart. We can see we're in a tight range which will break either way. Use the levels on the chart, breaks one level look above or below.

We're still bearish on Gold unless this breaks and closes above the 1810 level.

If you have less than a years trading experience its best to let the market do what it needs to, let it settle and then take a positions based on the levels.

DXY - This is our DXY chart previously published on here. We have two important levels, the one below is a possible before resuming the bullish move on this.

Lovely entry for KOG members at 1779 on Gold.

If you're in think about taking partials and protecting the trade

We've taking 50% and moved the stop to entry

We're now going to call it a day. See you all on Sunday for the KOG report. Wishing everyone a great weekend

Quick Tip:

Before market close on a Friday make sure you set TPs, SLs and protect your trades. This protects you against any fundamentals over the weekend which affect market open prices on market open.

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Knights of Gold (Gold/FOREX Analysis/Trade ideas)
We trade level to level. Follow at your own risk.