XAUUSD -

Key levels:

Support:
1889
1886
1882
1873

Resistance:
1896
1903
1906
1910
1916

GBPUSD -

Taking a majority of the trade of the table around here. Protect the trade if you're in.

Quick update on Gold from us. Because of where we are price wise we've decided we're going to stay away from longing Gold at the moment. Instead we're looking to remain with our short bias and only look to take longer positions in shorts rather than longs.

If we do reach the Excalibur targets above we'll look to short from there instead of targeting that level for long trades. Gold seems like it has a curveball in store so lets wait patiently and see what it does in the coming sessions.

If you're looking to take longs please use the levels provided as support zones. Try not to catch the whole move rather take partial profits along the way and protect your trades. Always use a stop loss and sensible lot size.

This is what we're looking at today. The lower KOG target has't quite been reached so we're looking for some more selling pressure to come down towards the support level below. We're going to look to take a small long entry at this level with the stop shown.

The levels are the same as are the targets.

As always, trade safe,

KOG

Members, we want to see this support below. Needs to be a strong rejection from the level for this to push up further. There are 3 targets so we're using small lots and we will be looking to take partials at each point along the way.

That stop is going to be a little flexible but if it breaks and closes below 1860 we'll get out

Expect movement during these times. If you're going to trade EUR and USD pairs make sure you're using small lots and managing your risk.

PROTECT YOUR TRADES

Thats target 1. We've taken 50%

Taking an additional 20%

Stop to entry

Let the rest run if it wants to. 30% is a free trade. We've taken what we wanted to for today

https://uk.tradingview.com/chart/XAUUSD/h1ZCgmqp-XAUUSD-1H-Levels-Potential-Long-Trade/

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XAUUSD Update -

Hope everyone managed to catch the trade. This is our plan with Gold now. We've already released 70% of the position just below. We're now in with a remainder of 30%, we're going to raise the stop to 1880 to lock in overall profit on the trade if it goes back down. We are however going to remove the TP. If this wants to go higher we've got a good entry below that we will let run.

XAUUSD -

We've already got 30% of our entry from yesterday running for the targets above. We're now looking for support below around the 1883-86 and going to add another small lot to that Long entry to target the higher level.

We've already taking good profits yesterday so this is a small lot as this has the potential to go lower. We'll take a chance on it. If it hits the stop we're still up overall so its worth it.

We're going to be a little flexible with the stop on this one as 1873-75 is the previous KOG level, it can go to that level. Breaking that level though and we're out.

Remember our stop has been moved up to 1880 on the 30%.