Knights of Gold (Gold/FOREX Analysis/Trade ideas)
8.95K subscribers
7.27K photos
115 videos
9 files
2.43K links
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.
Download Telegram
Dear all. This is a good friend of ours, a great trader and analyst. Cypherki also has a group on telegram where he shares his daily and weekly key levels, pivots and analysis. Evgeny please feel free to send a link to your group here
Knights of Gold (XAUUSD Analysis) Chat
All things Gold. Analysis, trade ideas, thoughts and news. Please don't be a thorn, you'll be removed. We trade like Knights, chivalry and respect go a long way. Respect eachother, respect the group.
https:
If you're not part of the chatroom please join. Share and discuss your ideas and analysis
There is no confirmed setup on XAUUSD at the moment. Early this morning there was a long opportunity but unfortunately we missed it.

We are currently in hunting mode
Good morning.

We are currently on a break for the festive period. For that reason there will not be much going on analysis wise over the next couple of days. Please feel free to ask questions and discuss on the chat group.

Wishing all our members and Merry Christmas and a Happy New Year.
Welcome to all the new members and thank you for joining.

We are currently on a break for the festive period and shall resume trading and analysis from next week.

Wishing everyone a very Happy New Year and a prosperous 2021.

Knights of Gold
Good afternoon. Welcome to all the new members. We're back to our desks today, brief look at Gold after a strong open to the new year.
Daily. Showing a possible swing 5 into 1960 area. We're waiting for support at 1930-25 which should hold. Not taking any longs. We had a long trade from last year at 1887 which we will leave running
4H. Again showing us a similar move going up. We're looking for support, will not be entering long. We want to short it from the box based on successful resistance
Looking for a test of support below for an entry. If we don't get the entry we'll sit it out.

Ideally we want a spike down, up towards 1960 and then we'll test the sell targeting 1930, upon successful resistance above.

Small lot being used and SL in place.
That's us done for today. Hope you caught some pips. There's a huge chance of a reversal tomorrow or Thursday so trade safe. We're hunting shorts from our target levels
Good afternoon.

We're waiting on two levels to confirm where we may go next. 1930s and 1900s. A retest of 1900 should be on the cards but we're not taking the short yet.

If we go up towards 1930 and face resistance we'll test the short. Support at 1900 and we'll test the long towards 1930.

There will be a lot of buy orders stuck around 1930 so it may just go down to trigger stops from buys orders put in yesterday. Always best to wait for the retest of a level before taking an entry.
This is the trade idea on the 5min chart. Break, resists and we'll take the trade target 1905 to be safe. Small lot, strict SL
Knights of Gold (Gold/FOREX Analysis/Trade ideas)
This is the trade idea on the 5min chart. Break, resists and we'll take the trade target 1905 to be safe. Small lot, strict SL
Taking 50% profits on this trade. Stop moved to entry.

Its getting late in the evening and we don't want to hold it overnight. If you entered with us it should be in profit
We're not in any trades for this. Plan is to wait for it to be over with and let the market find its feet.