To be clearer. The market knows where all the retail buyers are coming in, in tight ranges like this expect them to shake up the price a bit before making the move. Make sure you're using stop losses and make sure you respect the stop loss

And there you go. The stop loss hunter

We're looking for 1708-10 to test a small Long trade

Tight stop loss. No chart to show at the moment

First target of 1710 crossed off

So far today. We've taken this down to 1720. We waited for our 1710 target and longed the market. The long trade is running, if the market breaks and closes below the 1708 level that trade will hit its SL. We don't have an exact target for the long apart from IF we get to 1720 we'll take 50% and set the stop to breakeven

Members. A kind request, we're not here to hold your hand and tell you how to trade. We're showing you what we look at, how we trade and how we analyse the markets. We're here to educate and show you how the market works. Please don't ask us where to BUY/SELL or where to place the Stop Loss. You should have an understanding of trading markets if you follow. Always remember, you're responsible for your trading.

We're done for the day. If you entered with us, we want to try and let this trade run for as long as possible. As we said, at 1720 we'll most likely take 50% and move the stop to entry.

Taking 50% here instead

We're staying out now. Let's wait and see what it does this session

This trade closed.

Monthly update:

Our levels and targets are being met, just not when we expected. Monthly is showing the next level after 1700 is around 1685-95, breaking that level we should expect more selling pressure down towards the 1650's level. We still have our target of 1647, however, we were expecting a shake up which we think will still happen over the coming days.

Important message:

Dear members, we won't be around much over the rest of the week due to unforeseen circumstances. All our levels and analysis are on this group. Please trade safe. We're back in a couple of days.

Knights of Gold

4H:

We're expecting the price to continue with the bullish momentum. The area of interest is the 1727-30 region, this is where we're expecting a reaction. We have a breakout around this area that we're potentially going to test, however, we've also left a retest down below that is open.

Support: 1710-08
Resistance: 1720/1727/1730

Dear Members, we're still away from the screens hence why information is limited. The channel will resume as normal from next week.

Support is around 1721-23 and new resistance level is 1735-37. Excalibur is indicating a price level of 1732 but its too late in the day to take it.

London is closed tomorrow so expect low volume but a lot of choppy price action before and during NFP.

Dear Members. Tomorrow is NFP, it's a good idea to protect your trades if you're in any, if you're not, it's probably not a good idea to enter anything until after NFP tomorrow. We're expecting the market to be choppy even though there will be low volume. As always, trade safe. See you tomorrow.

Dear Members. This person has been banned from the group. We have found that there are a few groups on telegram copying our analysis and charts and charging others for membership. Anyone found to be copying our work and sharing it on other groups will be banned and action will be taken.

Gold weekly outlook will be coming later this evening. Should be another exciting month ahead. Hope everyone is having a good weekend.

Please also have a look at our previous weekly analysis attached to the bottom.

We will look at the smaller timeframes for indications on movement on the first trading of the week. This is an overview of our weekly outlook and the levels we will be looking at for market reactions.
We can see we rejected at a key support level which has left a double bottom on the daily timeframe . We didn’t however test the lower trendline, which suggests we have a lot of room to go lower.

Its not a pinbar and not quite a dragonfly doji , however it is a bullish candle. The main point to take note of its after a key support level on a long-term timeframe. This entails caution as there is also room for this to go higher.
We have a zone resistance at 1745-50, however, what we’re really interested in is the trendline resistance at which is around 1755-60.

Because of the way we closed last week we have a higher level of 1760 and 1784 and then 1800.

Support:

1726-30
1717-15
1703-1700
1685-80
1655-45

Resistance:

1740-45
1755

Please have a look at our weekly chart for support and resistance levels. For the new traders, please add these levels to your charts.

Starting to paint a clearer picture for us. All levels and technical being respected which is why we love trading Gold .

We can see a clear double bottom formed and we can see the previous double bottom which failed to hold, this level is now a level of interest as we would expect a challenge here at some point. Support here stands at the 1726-20 level. We would like this to pullback to that level so we can see what kind of reaction we get. Possible long here depending on how strong the level holds.

We’re still bearish on this timeframe and hunting a good entry to short it for our lower target of 1647. As we said last week, expect Gold to shake out the buyers and sellers, which is what it likes to do. We’re expecting the same over the coming sessions as there will be a lot of buyers at that 1685 level holding longs thinking this is going to higher.