Knights of Gold (Gold/FOREX Analysis/Trade ideas)
8.95K subscribers
7.27K photos
115 videos
9 files
2.43K links
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.
Download Telegram
As we said last night, we were expecting the glitch open and then for this to move up towards the KOG target and then potentially reverse back down which it has done.

Now we're seeing some minor support here and we have news later today. We're back on the screens so will go through some charts with what we think for the US sessions.

Just a reminder. There is enough on here if you go through the messages. The daily report gives a lot of detail for what we expect for the week. Although you may see a few scenarios you'll see we always analyse the range and the potential target is usually the same direction. Whenever you see a KOG target always keep this is mind. You can see how powerful they are.
Knights of Gold (Gold/FOREX Analysis/Trade ideas)
Excalibur Target complete.
Perfect reversal on Excalibur target, backtest on resistance, down towards the target. Probably exit a majority of the trade here.
Unfortunately due the actions of some members of the group the chat group is now closing. We will continue to share all our analysis and ideas here as usual. We do not take kindly to people sharing our charts and our analysis on other groups, as we said before, it’s the actions of a few that will ruin it for everyone else. So to those discussing KOG analysis on other groups and sharing our charts, adding members of our group to their groups, our results speak for themselves. Years of experience in the markets teaches us you’re going to be short lived in this industry. We have already removed a number of people from the group. We are aware of others but we’re giving them the benefit of doubt. Anyone found to be participating in what can only be described as theft will be removed and banned.

From tomorrow we will share ideas on this group only. This gives us more of an opportunity to continue working in the background, to grow KOG, to also concentrate on our paid members and mentees who have suffered as our attention has been diverted towards the fake forex traders out there. Most of all, to do what we love doing, trade the markets.

Those who wish to get in touch, you can contact us through social media, we’re on Tradingview, Instagram and Twitter. Please see previous messages for links.

Wishing everyone success in their trading journey. KOG
We're back tomorrow as usual with more trading ideas and analysis. KOG
Knights of Gold (Gold/FOREX Analysis/Trade ideas)
Unfortunately due the actions of some members of the group the chat group is now closing. We will continue to share all our analysis and ideas here as usual. We do not take kindly to people sharing our charts and our analysis on other groups, as we said…
To be clear. This group is not shutting down. We will continue to post our analysis and ideas here across different pairs. Only the chat group where traders can have discussions is shutting down.

We will resume as normal on here.
Knights of Gold (Gold/FOREX Analysis/Trade ideas)
Perfect reversal on Excalibur target, backtest on resistance, down towards the target. Probably exit a majority of the trade here.
Finding support around here it looks like. If it wants to complete the move it can retrace a little then come down towards the 1880-85 level. We'll share the chart in the morning.

More news releases tomorrow and all the way to Friday. Expecting more choppy price action and long wicks.

As always, trade safe.
Yesterday we managed to trade Gold both up into the Excalibur zone and then down into support levels we had mentioned on the charts. We have an early indication of a target around the 1890-93 level but ideally would like to get a good entry for this.

We're looking for resistance above at the 1903-06 zone, as long as this holds we will be testing the short trade down towards the lower levels. Please note, breaking the 1906 level could push the price back up towards 1910+

There are a lot of news events this week so we would expect there to be some movement, we suggest you trade with caution if you're new, using small lots and strict stops.

On the chart you'll see what is possibly the road map and range were expecting this to follow and play in. 1880 is a key level where the price will need to support for this to go higher. Breaking below this level will put more pressure on gold and force more decline.

As always, trade safe.
Now if this hits the 1890-93 level first we won't enter this trade. Rather we will look for a support below and test the long. We'll share the chart if we see this scenario unfolding.
Knights of Gold (Gold/FOREX Analysis/Trade ideas)
50% taken stop to BE
If it closes it will close at BE. We'll look higher to get back in again
Knights of Gold (Gold/FOREX Analysis/Trade ideas)
50% taken stop to BE
XAUUSD H1 -

Update from yesterdays chart. We hit our stop at breakeven yesterday after taking 50% profits of the table. We said we'll get in again if it went higher, nicely came towards the level we were expecting. We've taken exits on 90% of any shorts here and move stops to breakeven. We would expect it to find some support here and potentially retrace a little back up towards the 1900 level. A completion of the first target is around 1889 so its a good idea to protect your trades.
Our plan:

NFP tomorrow. Unless this makes the moves today and prices it in we would imagine gold to settle into a tight range. Either around here or back towards the 1900 level. We have drawn the range we're looking at on the chart. Thats the movement we're looking at over the coming sessions. Expect there to be some moving and shaking of both buyers and sellers before this starts a new intermediate trend.

We'll share any ideas we analyse but as many of you who have been here from the start know, coming up to big market moving events we take trading very seriously and always trade with caution. We would recommend you do the same.

We'll be looking for clues now to try to determine where we think NFP will take us and as always, will share it with you all.
Knights of Gold (Gold/FOREX Analysis/Trade ideas)
XAUUSD H1 - Update from yesterdays chart. We hit our stop at breakeven yesterday after taking 50% profits of the table. We said we'll get in again if it went higher, nicely came towards the level we were expecting. We've taken exits on 90% of any shorts…
And theres the retracement. This is why its always a good idea to take a decent amount of profit as you go along. Those new here, please scroll up through the messages and you will see the key levels that have been shared along with the weekly and daily KOG analysis.
Knights of Gold (Gold/FOREX Analysis/Trade ideas)
Yesterday we managed to trade Gold both up into the Excalibur zone and then down into support levels we had mentioned on the charts. We have an early indication of a target around the 1890-93 level but ideally would like to get a good entry for this. We're…
Thats the first part of the move complete to its destination. Excalibur gave us this indication yesterday, although the shake out happened Excalibur doesn't fail us. If you followed along, well done. Best to take it easy now and wait for NFP to be over and done with.
What a lovely move. Anyone following KOG for the last 6 months has seen the power of Excalibur.
Knights of Gold (Gold/FOREX Analysis/Trade ideas)
In to zone 2. Now we want to see if it enters the key support area
2nd Target complete. And thats us done for today. Remember NFP tomorrow. We haven't entered for the long trade yet. We'll wait for strong confirmation before we do. If we miss it, we miss it. Its been a nice days trading. KOG
NFP Today. Expect some volatile and choppy price action. We're scanning charts looking for clues. We'll share our analysis before the release of the numbers.
Gold seems to be following our road map pretty well. We analysed the price points for a KOG target and potential reversal and we got it. We also identified the key support area where we were looking for a reaction, the price came down that level and rebounded bullishly. Right now its suggesting that it will still follow our road map and continue upwards towards the 1885-95 levels. IF it does this is where we want to see if we continue bullish or if we again see a rejection and then a further decline on gold. We’re only scalping today as its NFP later this afternoon, its really not worth getting stuck in any positions hoping to catch the highs and the lows. Remember, this is Gold and it will swing up and down to trigger and many stop losses and orders as possible before making its move.

Our view:

We’re expecting to see support below, the move from yesterday could have been a flush on the longs before resuming the bullish move towards the 1920 levels.