Theres more!! 💥

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We've just entered the Excalibur zone. Target one has just hit, we had a potential level of 1796.5 so lets see if it gets there. Above this we have our higher target. The price should be close to exhaustion so a pullback is on the cards. We're not shorting it and its not the right time to go long. Lets wait and see if we get some support below.

We didn't get the pullback that we were looking for to get the perfect entry for this trade, however, like we said, use the support and resistance levels on the charts provided along with the Excalibur targets we publish.

AUDUSD 1H

Trending nicely. Any pullback to our levels and we want to test the long trade to the targets identified.

Small lot on this one

AUDCAD 1H

Same idea with this one . Any pullback and we want to get in for the remainder of this trade. Small lot with SL in place.

KOG Members. We're sharing the update from our Excalibur targets that were identified last week. We've shared 2 trades as well as the Gold analysis so far. We won't share anymore today but below is whats to come this week.

GBPUSD - too late to get in. Looks like its already started the move identified by Excalibur last week.

EURGBP - Started the journey towards the Excalibur target.

EURJPY - We'll look at this in tomorrows session for a short to Excalibur target

GBPCHF - Again, looks like its started its move. Excalibur suggested the long last week. We'll wait until the morning as we want to get in for this one.

USDJPY - Excalibur suggested a short, we're not going to risk it yet. We'll wait for tomorrow.

USDCAD - Excalibur suggested the short. We're 8pips from the target, too late to get in.

AUDJPY - Started its move, we'll wait for tomorrow.

Unfortunately for some of you this has hit the SL. We're still in the trade with a tiny lot unless this breaks out of the trend.

We'll mark this as SL HIT.

XAGUSD - 1H

As long as this stays below 26.93 we're shorting it to the identified area. Two targets on this one , will look to come out of a majority of the trade at the first TP.

As always, small lot, low risk and SL in place.

AUDUSD Update:

We're still in it but......If it breaks the level below we'll come out of the trade. We'll look to get back in later. If you're following you should be using a small lot and managing your trade.

XAUUSD update published on Tradingview. If you like our analysis please show your support by giving us a like and sharing the group with others who are interested in trading.

XAGUSD - This is where we're struggling. The targets are accurate, however, we have to publish a responsible stoploss as we're aware traders are following. This trade is complete but unfortunately the spike will have triggered the stated SL.

We're out of this trade.

Exiting this one early.

We're still within the range we've been stuck in since mid-April. Excalibur has left a short-term signal around the 1767 mark which tells us a spike down is possible over the coming sessions. We're not taking the short for that destination, reason being we can see an area of concern on the chart. Most of the main moving averages are starting to converge again, add that to the extended accumulation and we have a recipe for a big breakout. Now whether the market is waiting for NFP or it makes its move prior to the release we're yet to see. We have an early indication of direction but we need to analyse the charts a bit more before we can confirm.

You can see the 2 immediate targets on the chart. As we said yesterday, the ideal scenario is for this to go up first and then do the drop we want. However, this is Gold, expect choppy price action and a whipsaw ride.

XAUUSD 1H Update:

We can see we're playing in a potential channel formation on the hourly. The levels are being respected so we'll take this channel seriously. With the Excalibur signal below around 1767 that would mean the channel support needs to either break or this will spike down to take out Buyers stop losses at some point. If it does that we have our levels above that we will look to. Now if this is a potential swing 5, this shouldn't break below the 1760 level. If we break and close below 1760 then we're looking for lower pricing, 1750, 1740-35. The ideal scenario here is a spike down and rebound. Lets wait and see! We'll keep updating you as we go on.

We're looking at other pairs, any trade ideas will be shared later today.

Nothing has changed in terms of the charts from yesterday. We're still accumulating in the the 4H range anticipating a breakout. The levels are on all the charts posted as well as the weekly reports published on Sunday on this group. Please use them and add them to your charts.

We're going to sit back and observe today, we'll only share trade ideas that are extremely high probability. Our honest opinion is to not take any positions unless you're scalping. The sessions to come later today and tomorrow will be very volatile! Please trade carefully and stick to your stop loss.

XAUUSD 1H -

Again, the same scenario as yesterday. We were expecting it to spike down, which it did, however, not to the level we were expecting. We feel we may see the same thing today, a spike down at some point and then the price settling again preparing for NFP tomorrow.

💥 straight into KOG target zone. Now we're out of our long positions on Gold. We're going to sit and observe the price action. Theres a possible short here but its not sitting right with us. That was an aggressive candle so we're going to wait for the next hour.