Knights of Gold (Gold/FOREX Analysis/Trade ideas)
https://www.tradingview.com/chart/XAUUSD/8PUiKm5W-THE-KOG-REPORT-Update/
Please read the report, don't just look at the arrows. Every report lines up to the move, it's planned and then detailed step by step. If it breaks we'll flip, if not, we'll stick with the plan and get in again. Let's see what tomorrow brings. KOG
As we can see we've broken above the order region which has now flipped again so support becomes the 2355-50 region which will need to be held to go higher. We said yesterday, without the clean reversal we could see the flip and it will take price towards the 2370-75 region first, so we would only continue shorting upon a clean reversal. Price is stretching, longing obviously is not a good idea up here, all MA's are below. We have potential here for a tap and bounce with levels above, so please play caution.
Knights of Gold (Gold/FOREX Analysis/Trade ideas)
As we can see we've broken above the order region which has now flipped again so support becomes the 2355-50 region which will need to be held to go higher. We said yesterday, without the clean reversal we could see the flip and it will take price towards…
That's us done for the day and the week. It's been decent although extremely frustrating for most. The majority of this week was sat and waiting or looking at other pairs, but the wait was worth it giving us a closing pip capture on Gold over 300pips. Live trading, live analysis, traders helping traders in the chat room makes it all worth while. We'll be back on Sunday with the KOG Report and our view for the week ahead. Wishing you all a great weekend ahead. Those in the UK, the sun is out at last!
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www.knightsofgold.co.uk
There is an option to contact us on the the website if you have any queries
Email:
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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.
https://www.tradingview.com/chart/XAUUSD/FLJKy0hQ-THE-KOG-REPORT/
THE KOG REPORT has been published on Tradingview.📊 Please do help support us and the free channel by hitting the like/boost 🚀 button 🙏
THE KOG REPORT has been published on Tradingview.
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THE KOG REPORT for FX:XAUUSD by KnightsofGold
THE KOG REPORT:
In last week’s KOG Report, we said if support held after the open we felt we would get a push to the upside into the order region and if the market held the region we felt an opportunity to short the market was available. That short trade…
In last week’s KOG Report, we said if support held after the open we felt we would get a push to the upside into the order region and if the market held the region we felt an opportunity to short the market was available. That short trade…
Would protect around here and chip away as we have a key level support region here
That's the bounce we wanted from the order region, don't expect crazy moves, we have news tomorrow so price will want to settle at some point pre-event.