KOG Report has been published on TradingView. Please do give us a like 🙏

Daily Support and Resistance levels for your charts.

1772 is key level support.

As usual we'll wait for the market to open, settle and let Excalibur tell us what the next destination could be. Wishing you all great Sunday. We'll be back tomorrow with our trade idea for Monday.

Week Ahead.

Gold is still playing within a tight range as well as a ascending channel formation continuously targeting that 1795 area. We would expect the price to trade within this range and channel until either 1795 is broken opening up the higher price points of 1803 and then 1810, or 1780-75 is broken and we close below it. This would open up lower price levels of 1760 and then 1750-45 below that. We're going to stick with our published plan and look for support with the anticipation of the price breaking to the upside in the short term.

Todays trade idea:

Looking for this to find support below and then we'll test the long trade with a stop in place.

Reminder:

FOMC on Wednesday. Today is a US holiday so there will be low volume in the markets. Try to protect your trades and trade small until after FOMC.

https://uk.tradingview.com/chart/XAUUSD/WXrAp31C-XAUUSD-1H-Long-Idea/

Same idea as the earlier post with a slight update.

KOG

Gold approaches our first target price of 1803. We didn't get that pullback we wanted yesterday a little lower but we we're expecting the rise and the break of 1795 which is more important. What we need to look for now are the higher price targets of 1807-11 as we've been suggesting for the last few weeks. Ideally, we want Gold to face a strong reaction at this level. A daily close above 1800 will indicate further rise to come. FOMC tomorrow, so we would expect that pullback at some point later today.

We're back before the US session with a further update and trade idea. Please read the KOG report from Sunday and the other analysis for further clarification. All the levels have been published on this group, please do use them.

Todays Key levels:

Support:
1795
1790

Resistance:
1808
1814

https://uk.tradingview.com/chart/EURUSD/KSifMbDz-EURUSD-Long-Idea/

Trade Idea - EURUSD LONG

Todays News:

Gold, nice reversal from the 1814-16 level back down to the key level of 1795. We want to see if this closes on the daily below 1800 ready for tomorrows FMOC.

Chart update:

support should hold below at 1790 and now resistance is 1800. They've opened up 1800 so lets play it safe. We'll be back tomorrow with our usual FOMC trade plan.

This hit SL unfortunately.

Dear members. FOMC analysis has been published on TradingView. Please do hit the like button and give us a follow if you're not already.

This analysis is only valid for FOMC, although it fits in with our overall plan. If we spot a trade during the event we will share it with you here.

As always, we would advise anyone with less than 6 months trading experience to sit the event out, wait for the market to settle before jumping into any trades.

We'll be back later for the main event.

KOG

If you're in longs from below as per the earlier weeks analysis then expect the market to whipsaw a bit. Don't panic, these events are here to make traders emotions kick in and force them into making emotional decisions. Always manage your risk and use an appropriate lots size relative to your account.

We're going to publish the DXY analysis along with silver later today

KOG direction short-term is still up. We're looking for higher levels to go short on this