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.

This is a messy scenario, typical of Gold . There’s and pattern retest where we left the double bottom which we should expect during the coming week or so. The triangle support was broken on the way down, now broken on the way up so 1726 is very important. We have a feeling they’ll want to get the bulls in higher up to drop it further down. We’re looking for support at our level of 1726 and then 1715-20. The higher key level here is 1735, so the range from last week still stands.

We won’t know which way until the market opens and Excalibur gives us the direction for the day/week ahead.

Dear members. Please log on to TradingView. Follow the Knights and please like our analysis. We're still consistently top author for XAUUSD, we thank you very much.

And most of all......Lets smash the markets again this week! Wishing everyone a successful week ahead.

Knights of Gold

1H levels for everyone.

Although we're long term bearish, short term we're bullish depending on these support levels being respected.

Support:
1720
1715-12

Resistance:
1730
1732 (Excalibur target)
1737

COMING VERY SOON

Excalibur target from last Thursday is now done.

We have to be really careful now, Excalibur has given a target lower down. We're expecting this to go up to create a bull trap and reverse at some point. We will let you know once we have done further analysis.

There's low volume today but tomorrow should be a blast. We're starting to wind down now, will be back tomorrow unless there's some movement

This is what we're looking for today. We want this to come down to the levels shown and give support. We want to take a small long trade here with a target of around 1740. We have 2 areas of interest, the 1726-28 level and lower down the 1722-20 level.

We're using a larger than usual stop as we want the trade to have some flexibility. For this reason we're using a small lot.

We're too close to the target to enter here. If we don't get the entry below and this hits the target we won't enter this trade. The optimal entry is below

We're going to mark that as complete. Its come too close to the target for it to be a safe trade. Well done if you got in lower down. We'll wait for later for another trade idea.

Hourly immediate levels...

Support:
1735
1730

Resistance:
1745
1755