USDCAD - 1H

Numerous opportunities to enter and exit along the trend following the Excalibur target. We're protecting this trade now and taking most of the profit of it

USDJPY - 1H

Always a good idea to take partial profits and protect trades when markets are like this. Again, numerous entry opportunities and profit targets on the way to Excalibur target

EURUSD - 1H

We took a majority of the profits of this at the first target and protected the trade. If you're still in make sure you stick to the SL. We're out now and not jumping back in for target 2

XAUUSD 1H - Update:

Excalibur does it again!! BOOM! KOG Target complete 💥

If you sold from the Target zone protect your trades. There is a chance this can go higher

Reminder of levels:

Please add these to your charts as Daily support and resistance levels. 1/2

Weekly XAUUSD -

The reversal pattern below has failed. We're still expecting a reversal at some point but don't feel it will be the flush we were looking for just yet. As we suggested on the Daily KOG Report there's a chance this can go towards the 1950-60 levels where the fractal shows it can start the decline. However, we're approaching the end of the month and there is likely to be some profit taking over the coming sessions, especially tomorrow. We're looking to only take shorts now from strong resistance levels. We're not going to hold these shorts for long, rather looking for lower targets of 1880 and below that 1865.

XAUUSD 1H

We're looking for a move as above. We have a target at around 1913 which can extend to 1917. At this region we're going to test the short down towards 1900-1895. This will be based on successful resistance above, if we see bullish candles trying to break or breaking through that zone we won't enter.

XAUUSD 1H Update:

Looking for this to find support and potentially retest that that wick again towards the KOG target. Seems to be following the roadmap quite well.

Everything here is published for free, all you have to do is read it and piece it together. Add the levels and zones we publish to your charts. We said we were only shorting this.

We want traders to learn this, its market structure, every chart is the same and they all work the same. We will give you the targets, the levels and the KOG zones. Use them to your advantage

EURUSD - 1H

Coming back for more. Numerous opportunities on this one.

We're experiencing some technical issues so the analysis may be limited for a few hours.

XAUUSD - 1H

We seem to be finding support at the 1895 level. We're expecting this to go down at some point, there are some key areas around the 1880 and 1865 price points that we would like to see the price visit. However, Excaliburs target above wasn't exactly tapped, you'll notice on the chart it stopped just short and reversed. This is something we need take seriously as there is a chance this could spike up during the news release later today.

Our plan today:

We're only looking to short it. We will look for higher pricing around that 1910-15 level and look for resistance. Failing that the next level up is 1928-33. There will be a lot of sellers in this region and from above holding shorts so this could push up to take out some orders before coming back down.

We'll be back later with our views. Its probably a good idea to stay out of Gold until after the news release. Trade safe. See you later

XAUUSD - 1H

We're creating a series of lower highs with a couple of lower lows and a double bottom on the hourly. What we want to see now is if this breaks above the high formed in the Asian session this morning. There are two scenarios and both are viable.

Today is Friday, its also the end of the month as well as a bank holiday weekend in the UK. Our honest advice here is to take the day off from trading, there will be a lot of institutional activity in the markets, especially during the US and Equities open. Any responsible and professional trader would advise the same thing. Anyone telling you to take entries today is putting you in a risky position, not something we do here.

We will keep analysing the charts and keeping an eye on the markets throughout the day. As always we will update you with our ideas and analysis.

KOG

EURUSD 1H - Target complete

https://uk.tradingview.com/chart/XAUUSD/c1cj7EZ9-XAUUSD-KOG-Daily-Report/

KOG Daily Report has just been published on TradingView for those that want a sneak preview.

Please hit the like button. 👍

We'll share the rest here later today or tomorrow. Its bank holiday weekend, Knights also need to chill and relax 😜 🙏

Wishing everyone a great extended weekend and a successful trading week ahead.

Knights of Gold

XAUUSD 1H - Update:

This is an update on Fridays chart. You can see we followed the scenario we were looking for where we were expecting the Asian high to be challenged and beaten.

On opening we could quite possibly see the above movement in Gold which lines up with our daily analysis. However, we won't know until market open and we'll wait for Excalibur to let us know which way is first. We'll update you when possible. Its bank holiday so there will be a limited service tomorrow.

All ideas and analysis are for reference and educational purposes.

KOG

Disclaimer: We'll be posting this regularly on the group. Please remember we are not a signal service. All trade ideas and analysis shared are only our view on the markets.

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Quiet day today as expected with the bank holiday and low volume in the markets. We're not around that much today but keeping an eye on the charts.

A busy week ahead with quite a lot of news on the horizon. We have a market moving event nearly every day with NFP on Friday. Please keep a note of the events and expect more volatility in the markets this week. We'll be back tomorrow as per usual with our analysis and trade ideas.

KOG