That's us done for the week. See you on Sunday for the KOG Report 👍
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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 (CLOSED)
www.knightsofgold.co.uk
There is an option to contact us on the the website if you have any queries
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.
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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.
https://www.tradingview.com/chart/XAUUSD/s0tO9VFb-XAUUSD-KOG-REPORT/
The KOG Report has been published on TradingView. Please do support the free channel by hitting like/boost on the idea 🙏
The KOG Report has been published on TradingView. Please do support the free channel by hitting like/boost on the idea 🙏
TradingView
XAUUSD - KOG REPORT! for FX:XAUUSD by KnightsofGold
KOG Report:
In last week’s KOG Report, we said we would be expecting to adapt our plan over the week as we were expecting the range and choppy price action to continue. We suggested sticking with the same plan and levels from the week prior which worked…
In last week’s KOG Report, we said we would be expecting to adapt our plan over the week as we were expecting the range and choppy price action to continue. We suggested sticking with the same plan and levels from the week prior which worked…
Levels are levels, it's the ranging that confuses new traders. Always stick with a plan when you're trading ranging markets, highs and lows and then add the extreme levels. We've shown the levels on the charts we share as well as a range trading strategy which is on our TradingView profile. News is just there to add volume to the markets to drive price to the levels they want, you as traders need to plan ahead of time the IF's. IF they take it here what can happen, IF it rejects, what can happen? IF it breaks, what can happen? Add the levels, add our levels, add the bias, have a risk strategy and trade sensible lots, very hard to blow accounts if you follow a strict set of rules. Fail to plan, plan to fail.
We have FOMC tomorrow so we're now going to take it easy. Let the price mess around in the range, it's been taken enough advantage of. Don't be that trader looking for chicken feed pips. CPI move is done, prepare for FOMC, trade comes after the event.
Knights of Gold (Gold/FOREX Analysis/Trade ideas)
Levels are levels, it's the ranging that confuses new traders. Always stick with a plan when you're trading ranging markets, highs and lows and then add the extreme levels. We've shown the levels on the charts we share as well as a range trading strategy…
TradingView
KOG - Trading the Range! for FX:XAUUSD by KnightsofGold
RANGE BOX:
When the price is in a ranging market look for date of when the price was last in its range. Example above shows we had the range, a breakout above and then a break back inside the range. Draw a box around the range and then identify the buy…
When the price is in a ranging market look for date of when the price was last in its range. Example above shows we had the range, a breakout above and then a break back inside the range. Draw a box around the range and then identify the buy…
End of day update from us here at KOG:
To late in the session and too close to FOMC to consider anything apart from scalping this level to level. We managed to pin point the CPI move giving a fantastic capture and have hit the the Excalibur target below now. Will stick with the bias for now as well as the levels on the chart looking for a potential bounce from any of these levels but not relying on it going too far upside before attempting to potentially break this lower level. Range low at the moment, too low to short, we'll look higher. Support 1938-35 give or take with immediate resistance now 1955 order region which needs to break.
To late in the session and too close to FOMC to consider anything apart from scalping this level to level. We managed to pin point the CPI move giving a fantastic capture and have hit the the Excalibur target below now. Will stick with the bias for now as well as the levels on the chart looking for a potential bounce from any of these levels but not relying on it going too far upside before attempting to potentially break this lower level. Range low at the moment, too low to short, we'll look higher. Support 1938-35 give or take with immediate resistance now 1955 order region which needs to break.