The perfect entry:

Many of us sit and wait for the perfect entry, I can tell you, unless you're scalping, this hardly ever happens. The key to get an entry is identifying your target region first! Once you have identified that target region, then start looking not for a precise entry, but a region or a zone you want to be testing your entry in. The skill is not getting in too early, and if you get in too late you're usually going to be the wrong side of the market. So use the bias and the red boxes, bullish/bearish above/below. If it breaks a level and that level turns into support/resistance, what's the worst that will happen? It will hit your SL, you just wait for the trend to confirm and go the other way, or, you wait for another entry with a SL in place. When the target is a long way away, your lot size is important, the RR will make sense even with a larger stop.

Something to think about!

Wishing you all a great weekend. We'll be back on Sunday with the KOG Report and our view for the week ahead.

Please do help support us and the free channel by hitting the like/boost 🚀 button 🙏

You're all welcome to invite others to join the group, benefit from what is shared and trade together with us. 

Invite link:
https://t.me/KnightsofGold

Find us on:

Website: JOIN HERE👇
www.knightsofgold.co.uk
There is an option to contact us on the the website if you have any queries

Email:
contactknightsofgold@gmail.com

Instagram:
https://www.instagram.com/knights_of_gold/

X:
https://twitter.com/KnightsOfGold2

We appreciated all your likes, follows and comments.  Give us a follow, share the group and keep up to date with KOG.

Nice move so far today, long and short both available to traders for the taking. Support here on the intra-day, resistance sitting around 2360-63.

2365 support / 2380 resistance
Key levels today

Decent day yesterday on Gold, today, try and reduce lot sizes and make sure your risk model is up to scratch. We had the level of 2385 and 2405 last night in Camelot, 2385 was hit with the stretch into 2390 but the higher target was not complete. We're not going to pursue that target now unless we get a deeper pullback. Please plot the key levels on your charts

Quiet day so far on gold while it plays the range which is there to frustrate traders. MA's now drawn together, accumulation looks like it's coming towards the end, breakout pending!

Powell speaking later as well

Quick update from what we said earlier.

Please do help support us and the free channel by hitting the like/boost 🚀 button 🙏

2380-85 support, push, level to level