XAUUSD –
DATE: 05/01/22
Support:
1814-16/1810//1806-4/1797-1800
Resistance:
1822-4/1830-33/1845
KOGs Bias for the day:
Positive above 1810-12 with targets of 1822-24 and above that 1830-33
Negative below 1806 with targets of 1800, 1797, 1785
DATE: 05/01/22
Support:
1814-16/1810//1806-4/1797-1800
Resistance:
1822-4/1830-33/1845
KOGs Bias for the day:
Positive above 1810-12 with targets of 1822-24 and above that 1830-33
Negative below 1806 with targets of 1800, 1797, 1785
KOG Report for FOMC minutes has been published on TradingView. Please do give us a like 🙏
Remember, less than 6 months trading experience try your very best to sit it out. You will always get an opportunity to trade it but trying to catch the moves with volume and momentum is not a good idea.
XAUUSD –
DATE: 06/01/22
Support:
1785/1777/1767
Resistance:
1797/1804/1806/1810/1814
KOGs Bias for the day:
Negative below 1797 with targets being 1785 and below that 1777
Positive above 1805 with targets being 1804-6 and above that 1810-14
Potential for:
Right now the chart looks like it needs a retracement to the upside after the move we’ve seen. We would look for support towards the close of the session and Asia open for a potential target level of 1797 and above that 1804.
DATE: 06/01/22
Support:
1785/1777/1767
Resistance:
1797/1804/1806/1810/1814
KOGs Bias for the day:
Negative below 1797 with targets being 1785 and below that 1777
Positive above 1805 with targets being 1804-6 and above that 1810-14
Potential for:
Right now the chart looks like it needs a retracement to the upside after the move we’ve seen. We would look for support towards the close of the session and Asia open for a potential target level of 1797 and above that 1804.
The above is applicable for tonight and tomorrow.
XAUUSD –
Date: 07/01/21
Support:
1785/1777/1767/1760/1757
Resistance:
1797/1804/1806/1810-12
KOGs Bias for the day:
Negative if we close below 1797 with targets below 1785 and 1770
Positive above 1800 with targets being 1810, 1812
Potential for:
We’re expecting this to push up at some point and target that 1797 level. We have NFP today so its very likely they will move the market. The ideal scenario here is they push the price up towards that 1808 level and we see resistance there before continuing the decline.
Date: 07/01/21
Support:
1785/1777/1767/1760/1757
Resistance:
1797/1804/1806/1810-12
KOGs Bias for the day:
Negative if we close below 1797 with targets below 1785 and 1770
Positive above 1800 with targets being 1810, 1812
Potential for:
We’re expecting this to push up at some point and target that 1797 level. We have NFP today so its very likely they will move the market. The ideal scenario here is they push the price up towards that 1808 level and we see resistance there before continuing the decline.
NFP KOG Report has been published on TradingView. Please do hit the like button 🙏
Remember, the trade usually comes after the event, best to let them manipulate it how they want, once it settles and the volume decreases thats when you pick your position to get in.
1785 Excalibur target complete. Lets see if we challenge the upside. Protect any longs from that support
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Invite link:
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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.
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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.
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