Morning Review:

That's the level we wanted to target for the move downside but what now? Yesterday we had 3 confirmations for a long into 4300, LiTE, EXC and the indicators so we couldn't have shorted into that lower level. Price did ultimately complete the 4300 targets and RIPPED again now into the lower defence, EXC target and key level of 4250-55.

Above that we can't short as a bounce can present itself from around here or the extension level which is the bias at 4240. Unless we break below, we'll play caution now on short trades and preferably scalp the longs until structure changes.

Can we go lower? YES! I mentioned on the weekly chart that this swing, if it gains volume can be dangerous to those in the wrong direction, hence level to level longs, if we break below the bias level we'll then look for the retracements to get in. You know how it works!

Bias levels for today

Camelot Friday tomorrow, I use the day to educate, mentor, guide and focus on improving not just the traders but myself! You can never stop learning in this game, it's all about improving on what you have and getting better. This group will be quiet so I'll take this opportunity to wish you all a great weekend ahead.

Please take some time to go through the Tradingview posts and hit the boost button and leave a comment. It would be great to hear from you. KOG

Evening Thought: (It's an essay but please read, It's important)

There aren’t many Analysts or Traders on social media who are willing to openly document their Gold analysis and trading journey in the way I do.

I’ve always believed that if I’m going to teach and share, I should be prepared to show the process not just the outcome. I publicly showcase the trade, how I analyse the charts, and how I navigate Gold level by level, point to point!

If you go back through my TradingView posts over the years, you’ll see that I’ve tracked Gold through every kind of market, the highs, the lows and everything in between. I’ve captured thousands of pips trading this precious metal intraday, while also introducing other pairs that have produced some incredible results, as reflected in the yearly statistics I’ve shared.

But there’s something else that’s important to me, and it’s a rule I’ve always maintained within Camelot. I don’t share my wins, and I don’t share my losses, and neither does anyone else in my community. That might seem unusual in an industry where social media is often filled with profit screenshots, winning trades and people showing what they’ve made. But there’s a reason I choose not to do it.

Sharing profits can very easily become about dangling the carrot and creating FOMO making people feel that they need to jump into the next trade because they’ve seen somebody else make money. That’s not what I’m about.

I want the focus to be on the analysis, the education and the process. I want you to understand why a level matters, why a move is developing and how I’m navigating the market rather than simply showing you the result afterwards.

My mission has always been bigger than simply providing signals.

I wanted to give newer traders an opportunity to learn without falling into the traps of an industry where there are plenty of sharks and scammers. I believe the only real way to get ahead in this game is to learn, understand the process and develop the ability to eventually stand on your own two feet.

Gold has been my speciality for many years. I’ve spent that time understanding its behaviour, its mechanics and the way it moves, which is why I’ve built so much of my work around this market. Long before Telegram became the home for this community, I was teaching and educating traders around Gold and the precious metals.

Today, you can see the depth of what I share publicly on this channel. The level of detail, the chart work, the levels, the targets and the reasoning behind the moves are all there for you to see completely free.

And that’s only a small part of what goes into Camelot.

I’ve built this community around the same principles, detailed analysis, education, transparency and consistency. The same approach that I’ve used with Gold for years is now applied across the additional pairs I’ve introduced, alongside the Magic Algo, indicators and the wider methodology I’ve developed.

I’m not here to tell you that I have some secret formula that nobody else has.

I simply believe that the amount of analysis, education and market insight I openly share is something you don’t often see freely available on social media. You can judge that for yourself by going through the TradingView posts, the reports and the analysis that has been documented over the years.

Anyone can have a good day, week or month and post a review afterwards.

For me, the real achievement is seeing traders who started here eventually develop the confidence and knowledge to stand on their own feet and trade independently. That is one of the greatest things I could ask for from this community and it’s something Camelot has been building since day one.

I’ve continued to share because I genuinely believe good analysis shouldn’t always have to be hidden behind a paywall to have value.

I’ve given, shared and documented this work for years. And yes, free content can sometimes be taken for granted. I’ve had my analysis copied, reposted, repackaged and even used elsewhere but that hasn’t stopped me from continuing to put the work out there.

Because I know what the analysis represents.

I could draw ten lines on a chart and eventually one of them will get hit. That isn’t what I’m interested in. I want to take you level to level, point to point. Precise entries, limited drawdown and realistic execusion, I want you to see the market develop in real time the moves up, the moves down, the reactions, the targets and the reasons behind them.

Detailed analysis.
Detailed daily reviews.
Key levels.
KOG Reports.
Years of documented Gold analysis.

That consistency and transparency is what I’ve worked hard to build, and it’s what I’ll continue to bring to this community.

So if you’ve found value in the work, please take a moment to go through the TradingView ideas and hit the Like button. 🙏

I know “FREE” can sometimes be overlooked, but every like, boost and bit of support genuinely matters. It helps the posts reach more traders and, more importantly, lets me know that the work is being appreciated.

PLEASE HIT THE BOOST BUTTON ON THE TRADINGVIEW POSTS, GUYS. ❤️

It doesn’t go unnoticed, and it really is appreciated.

KOG

Quick update for the NY session ahead:

I mentioned in the weekly chart report that the swing in play can cause a few problems for bulls and if it played, the move would not be worth trying to capture the lows on. Ideally, we wanted this to bounce, go up into the area of interest above then come down and hit those lower levels.

You can see the bias broke, we completed the Asia session targets and ultimately broke below defence, so no point attempting any long trades there based on the path.

The hot spot worked well and the bias level resulted in all TPs complete, but that was not an easy trade to take overnight.

On the previous chart I have added an oval which is our new level of interest and potential for the NY session unless we get a confirmed reversal.

The liquidity indicator is hovering below, and sentiment is not shifting so let's see what the next couple of hours bring.

Support 4140 resistance 4175

https://www.tradingview.com/chart/XAUUSD/jTq9vsGm-KOG-SUPPORT-RESISTANCE-AND-TREND-LINES/

Homework!

Website: Join us here (open) 👇
https://tradewithkog.com/
www.knightsofgold.co.uk

CLICK BELOW 👇
FREE TRAINING AND INTRO TO KOG

Evening Thought:

Price is a series of tests on levels! Highs and low, if it tests a high and fails, it will test a low. Breaks, it continues, fails, it will test the high again etc

It creates trends or ranges but will always do the same thing. Once we understand this we know it's not the market that is the problem, its us, the trader. If we learn it's behaviour all we then need to do is make sure our money and risk management is up to scratch. It's never 100%, but if we test a level, it breaks, structure suggests it's going against us, don't hold on to hope, or add more in the direction you intended.

Get the complete playbook here