Apologies, our messages are delayed today.
If you entered the trade and didn't bank it, make sure you take something off the table and move the stop to just below the entry so you close in profit if it goes back up
We're hunting another short opportunity soon
If we break 1856 we can correct the whole move, just like yesterday. Facing strong support at the moment
We're done for the week.
Been a profitable week, low risk, minimum drawdown and precise entries. Hope everyone benefited from the shared analysis.
Anyone still holding that sell entry please take partial profits on it and move the stop to below where you entered.
Wishing everyone a great weekend. See you on Sunday night for market open.
Knights of Gold
Been a profitable week, low risk, minimum drawdown and precise entries. Hope everyone benefited from the shared analysis.
Anyone still holding that sell entry please take partial profits on it and move the stop to below where you entered.
Wishing everyone a great weekend. See you on Sunday night for market open.
Knights of Gold
Anyone not following. You can follow one of the Knights on TradingView. Gold-trader_ or search for XAUUSD in ideas, he is constantly top 5 gold authors
If you're not already following one of the Knights on TradingView, please give a follow. Constantly in the top 5 Gold authors
4H:
We’ve had an equal high and a higher low. I would anticipate a test towards 1840 and wait for a reaction around that level.
Again, just like the Daily chart we’re in a smaller (symmetrical) Triangle formation. We have below what is not a clean Inverse Head and shoulder, price usually test the right shoulder at some point so this area is very important.
Within the range we’re taking Longs and Shorts, however, I want to see how the market moves on Monday and Tuesday before making a more informed decision on where we’re heading.
Support:
1835-37
1826-24
1816-1810
1775-1778
Resistance:
1850
1857
1872-76
1891-1895
We’ve had an equal high and a higher low. I would anticipate a test towards 1840 and wait for a reaction around that level.
Again, just like the Daily chart we’re in a smaller (symmetrical) Triangle formation. We have below what is not a clean Inverse Head and shoulder, price usually test the right shoulder at some point so this area is very important.
Within the range we’re taking Longs and Shorts, however, I want to see how the market moves on Monday and Tuesday before making a more informed decision on where we’re heading.
Support:
1835-37
1826-24
1816-1810
1775-1778
Resistance:
1850
1857
1872-76
1891-1895
Daily:
We’re in what could be a symmetrical triangle on the daily timeframe.
Within the triangle we’ve drawn the immediate range. We’ve been taking longs and shorts within this range, however, it looks like we’re nearing the end and a breakout is imminent.
Key Levels:
Support:
1835
1810-15
1801
Resistance:
1849
1876-1880
1895-1900
We will wait for Monday and Tuesday to get a clearer picture.
As always, please trade safe. Your likes, follows and comments are very much appreciated.
Knights of Gold
We’re in what could be a symmetrical triangle on the daily timeframe.
Within the triangle we’ve drawn the immediate range. We’ve been taking longs and shorts within this range, however, it looks like we’re nearing the end and a breakout is imminent.
Key Levels:
Support:
1835
1810-15
1801
Resistance:
1849
1876-1880
1895-1900
We will wait for Monday and Tuesday to get a clearer picture.
As always, please trade safe. Your likes, follows and comments are very much appreciated.
Knights of Gold
Shared on the group chat by one of the traders. Worthwhile for everyone
No trades to share today, we've only scalped on the smaller timeframes. The market is accumulating so be very careful.
We're thinking of changing a few things on these groups for the future. We are looking at adding additional pairs to trade, potentially other metals like silver and platinum. Crude oil, a few USD pairs and also Oil.
Right now, this is where we stand:
GOLD - Looks like a small BUY to the 1855 level, we're waiting to see what happens at this level and potentially want to short it.
SILVER - Looks like a SELL. I would wait and see what it does at 28.14. We're only looking at it at the moment but it looks like a good sell from that level
USDJPY - We're looking at this later this afternoon
GBPUSD - Was a good buy opportunity early Asian session now pulling back
EURUSD - Waiting for the next couple of candles to close, looks like a SELL opportunity coming up
Crude Oil - Again, a good BUY opportunity early Asian session. If it resists here then potential SELL back down to 53.81
THESE ARE NOT SIGNALS. JUST OUR OUTLOOK ON THE MARKET.
GOLD - Looks like a small BUY to the 1855 level, we're waiting to see what happens at this level and potentially want to short it.
SILVER - Looks like a SELL. I would wait and see what it does at 28.14. We're only looking at it at the moment but it looks like a good sell from that level
USDJPY - We're looking at this later this afternoon
GBPUSD - Was a good buy opportunity early Asian session now pulling back
EURUSD - Waiting for the next couple of candles to close, looks like a SELL opportunity coming up
Crude Oil - Again, a good BUY opportunity early Asian session. If it resists here then potential SELL back down to 53.81
THESE ARE NOT SIGNALS. JUST OUR OUTLOOK ON THE MARKET.
GOLD - Is going to be very choppy again today. Just as we were sending that message it went and tapped 1853 and dropped. We're waiting for it to go back up before we look at selling it
A lot of messages about trading courses and education. Traders are asking for signals as well. Please bare with us, the group was set up to help traders and protect them from the sharks out there. Everything here is FREE, we share how we trade and our analysis. There are a lot of groups on Telegram offering signals and account management. PLEASE BE CAREFUL. We are working with a couple of other analyst who's groups we have tried and tested. We will put together a list for everyone soon with recommended groups.
At times we can't share our trades as the market moves fast, we don't have time to put together a chart for you and show you what we're doing.
In terms of signals. This is something we are working on at the moment.
At times we can't share our trades as the market moves fast, we don't have time to put together a chart for you and show you what we're doing.
In terms of signals. This is something we are working on at the moment.
NOTE TO MEMBERS:
As you’re aware, we’re a relatively new group but we’re growing slow and steady. We always put our emphasis on providing value in our content and sharing our analysis and trade ideas with members.
The Knights of Gold team have a combined experience of over 25yrs in the Gold market, you have seen how we take our trades, most of the time we are sitting and waiting but we pick our trades wisely.
There are many groups on Telegram and social media, we always suggest to be careful who you follow, experience and knowledge come with time. Over time we also come across traders and analyst that we follow as they share similar styles or ideas. You’ll remember we shared another group here a while back, I hope you’re all benefiting from the analysis shared there.
We have said that we will share value with you and try our best to help new traders. For that reason, please let me introduce Vik from Vikinsa Capital to the group. He is a trader and analyst we have followed for long time. His trading style, analysis and ethos are everything you should be looking for when learning and trading these markets. Its clear, its precise and all holds value that in turn will help you. He is a trader and analyst with a wealth of experience and most of what he does is free.
Please do follow his group, watch his videos and subscribe to his Youtube channel. We highly recommend you also learn from this group.
As you’re aware, we’re a relatively new group but we’re growing slow and steady. We always put our emphasis on providing value in our content and sharing our analysis and trade ideas with members.
The Knights of Gold team have a combined experience of over 25yrs in the Gold market, you have seen how we take our trades, most of the time we are sitting and waiting but we pick our trades wisely.
There are many groups on Telegram and social media, we always suggest to be careful who you follow, experience and knowledge come with time. Over time we also come across traders and analyst that we follow as they share similar styles or ideas. You’ll remember we shared another group here a while back, I hope you’re all benefiting from the analysis shared there.
We have said that we will share value with you and try our best to help new traders. For that reason, please let me introduce Vik from Vikinsa Capital to the group. He is a trader and analyst we have followed for long time. His trading style, analysis and ethos are everything you should be looking for when learning and trading these markets. Its clear, its precise and all holds value that in turn will help you. He is a trader and analyst with a wealth of experience and most of what he does is free.
Please do follow his group, watch his videos and subscribe to his Youtube channel. We highly recommend you also learn from this group.
A lot of you are LONG at the moment, even though we've been saying stay short in this market so you're in the right way.
If you're LONG, look at the chart shared earlier in the week. Right now you want to see if it goes back up towards 1853-55, we're waiting for a reaction at that level. Support is 1838 and 1832
If you're LONG, look at the chart shared earlier in the week. Right now you want to see if it goes back up towards 1853-55, we're waiting for a reaction at that level. Support is 1838 and 1832