KOG Report for FOMC -
We've had a decent run from above this week so won't be doing anything unless we hit the key levels, otherwise we'll look to hunt for the trade on an intra-day basis tomorrow. Please do support the channel by hitting the like button 🙏
We've had a decent run from above this week so won't be doing anything unless we hit the key levels, otherwise we'll look to hunt for the trade on an intra-day basis tomorrow. Please do support the channel by hitting the like button 🙏
Knights of Gold (Gold/FOREX Analysis/Trade ideas)
https://www.tradingview.com/chart/XAUUSD/G5fxiEvz-XAUUSD-KOG-REPORT-FOMC/
If you're in, partials, protect
End of day update from us here at KOG:
In the KOG Report on Sunday we gave the short idea and identified the order region we wanted price to ideally visit before we see a RIP and either break through or get the move to the upside. For yesterdays FOMC analysis we saw the pattern test that we wanted price to go up to before again another reaction in price from the low which gave us another 200pips before we said we were not happy with the 4h setup, so to protect and take partials. This whole move has been calculated and analysed if you look at the KOG Report, the FOMC Report and then add KOG's morning reviews and analysis, and the icing on the cake, Excalibur.
We now stand attacking the 2000 price point which is also 4h resistance level. The long we took earlier has given a superb return, so if you're still holding leave a portion protected for higher pricing. We would like to see this try to pullback with the first level of support being the 1985-80 level and below that the level of 1970-65. We still have a higher Excalibur target which is active and we didn't take due to the structure, this level is possible for tomorrow so lets keep an eye on those support region, unless they complete the move late session.
In the KOG Report on Sunday we gave the short idea and identified the order region we wanted price to ideally visit before we see a RIP and either break through or get the move to the upside. For yesterdays FOMC analysis we saw the pattern test that we wanted price to go up to before again another reaction in price from the low which gave us another 200pips before we said we were not happy with the 4h setup, so to protect and take partials. This whole move has been calculated and analysed if you look at the KOG Report, the FOMC Report and then add KOG's morning reviews and analysis, and the icing on the cake, Excalibur.
We now stand attacking the 2000 price point which is also 4h resistance level. The long we took earlier has given a superb return, so if you're still holding leave a portion protected for higher pricing. We would like to see this try to pullback with the first level of support being the 1985-80 level and below that the level of 1970-65. We still have a higher Excalibur target which is active and we didn't take due to the structure, this level is possible for tomorrow so lets keep an eye on those support region, unless they complete the move late session.
Please do support the channel by hitting the like button 🙏
We're done for the week. Wish you all a great weekend and we'll see you on Sunday for the KOG Report
You're all welcome to invite others to join the group, benefit from what is shared and trade together with us.
Invite link:
https://t.me/KnightsofGold
Find us on:
Website: JOIN US HERE
www.knightsofgold.co.uk
Instagram:
https://www.instagram.com/knights_of_gold/
Twitter:
https://twitter.com/KnightsOfGold2
We appreciated all your likes, follows and comments. Give us a follow, share the group and keep up to date with KOG.
Invite link:
https://t.me/KnightsofGold
Find us on:
Website: JOIN US HERE
www.knightsofgold.co.uk
Instagram:
https://www.instagram.com/knights_of_gold/
Twitter:
https://twitter.com/KnightsOfGold2
We appreciated all your likes, follows and comments. Give us a follow, share the group and keep up to date with KOG.
Telegram
Knights of Gold (Gold/FOREX Analysis/Trade ideas)
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.
The KOG Report has been published on TradingView. Please do support the free channel by hitting the like button 🙏