Gold - 15M chart. Plot the levels and potential trend

We're supposed to be on a break but we'll stick around until tomorrow to see out the week

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Gold - Really difficult one at the moment unless you're scalping these levels. We shared the 15m chart with the scalping levels which are working well. As you can see we're mid-range and the market is again consolidating awaiting yet another breakout based on this range.

Two key levels here are 1785-82 and 1795-7. It needs to pick a direction and make a move as the seasonal play is running out of time. We have a news release tomorrow so it could be what the market is waiting for to find an short term bottom and then begin the rise for the remainder of the year.

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For the bearish view the Adam and Eve is still in play. We took short entries last week at around the 1812-14 level which we suggested you should take a majority of profits on and move the stops to entry to protect it. Well done if you followed, we're going to leave this entry to run. If you entered based on this pattern again its an idea to take it level to level, protect any trades from the top and take partials along the way. Usually if there is volume this would complete or fail in a matter of days, however, with it being slow and gradual its giving numerous opportunities to enter and exit, especially if you us the daily levels and the 15m levels along side it

WS/DJ30 - We gave the clue for the long in earlier messages which we hope you took advantage of. Would think about reducing exposure on this now.

Above is the chart we plotted early Dec and added Excalibur to. DJ30 gave us a fantastic return this month using the levels and Excalibur guiding us. Every trade we took on this was with absolutely minimal drawdown, level to level, point to point.

Camelot:

For those asking what Camelot is. Camelot is our live trading room where we trade and analyse markets live across numerous pairs including Gold, Silver, Oil, WS/DJ30, GBPJPY and BTC to name a few. This shows members that we're not just calling shots after the moves have happened, we take them through the trade and analysis level to level, point to point. We have a lot of messages about joining and have a waiting list.

Its a fantastic trading community and members room full of education, trading ideas, live trading and open Q&As with KOG.

Those who have already contacted us your replies should be with you next week. We've only recruited once this year to maintain the exclusivity of the group and prefer to keep it that way. We will however be recruiting again to start in January so please do look out for messages on the group in the next few days

Camelot Results that have been published here

Jul-Sep

We'll publish our December and this quarters results over the weekend.

KOG Report Update:

We bounced the support level and now price is rejecting at resistance.

Higher targets are still open

Range update:

We're at the top of the range again with the lower support being 1800. Below that 1795-7. To resume the bearish move price needs to break back below that 1795-7 level and close below it on the daily

The Adam And Eve only completed half the move down giving a double bottom at the lower key support of 1785. You can see we've broken the 2hr hour trend to the upside so there is a possibility of a retest of the support line at 1800 and below that 1797-5. Break below is negative, break above is positive

Quick update on the 4H levels. Please do give us a like and comment 🙏

Today is the last trading day for the week and before Xmas. We have some news releases during the US session so please trade carefully. It's not worth risking getting stuck in positions before the Xmas break.

1800 held as support. We don't want to see retests, it needs to push up from here otherwise we could come back down

If you entered take partials and protect the trade

We want higher close today before the break. We've suggested to KOG members to try and get out of positions before market close today unless you have the lower or higher entries and they're protected.

Thats us done for the week. We would like to take this opportunity to wish all of our members Merry Christmas, hope you all have a fantastic break and enjoy the holidays.

Thank you to all the members who have shown their support by liking and commenting on our posts, truly grateful to you guys, you keep the group going. If you haven't followed or liked any of the posts please do log on to TradingView and just hit the like button and give us a follow, that would mean a lot to us.

Merry Xmas KOG members and thank you for being here, following and supporting KOG. 🙏❤️