KnightsofGold

KnightsofGold Updated 

We had a plan on this to long from below and were looking for the higher level to react. So far so good so we'll stick with the plan to go lower unless we break above resistance. Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on...

KnightsofGold Updated 

We caught the low on this and then carried it upwards. We're now looking for it to stay below that resistance level upon retest, if it does a we feel a swing short is available. Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on...

KnightsofGold Updated 

Again, we've done well on this tracking it up and trading it level to level. We do however have some short targets active now so we'll stick with our path unless we break above. Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on...

KnightsofGold

End of day update from us here at KOG: In yesterdays update we said we would be looking for a deeper move into that 2005-8 region as a target as long as price stayed under the flipped resistance level. So, we've seen some move on Gold completing the Excalibur targets below but so far holding below 2010. We should see some exhaustion on price in the early...

KnightsofGold

End of day update from us here at KOG: We posted the report yesterday suggesting the move into the order region which, for anyone who shorted gave a decent return. We were expecting a reaction in price there and managed to pin point an entry long, giving traders an opportunity to capture nearly 100pips on the bounce, before suggesting we protect and take a...

KnightsofGold

KOG Report: Brief KOG Report this week - For this week as we’ll stick with the same bias as last week, which was bearish below, but we’re going to put a big caution on it for the early part of the week. We have the order region below with key level support being the 2035-38 region, where, if targeted and supported we feel will represent an opportunity to long...

KnightsofGold

End of day update from us here at KOG: What a wonderful event today giving us a fantastic move on Gold highlighted and illustrated with a pin point level to level move in Camelot! For most of this week we said we would stick with the plan and the bias targets as well as the Excalibur targets completing them all to the pip. Daily bias level target 2015...

KnightsofGold

End of day update from us here at KOG: Price is still playing the range although it is getting wider, so please control lot sizes as they will want you in heavier than usual in the wrong place. Resistance held again as per yesterdays update giving an opportunity to short again from 2040 following the path shown on the chart. Support now stands at 2020 and below...

KnightsofGold

End of day update from us here at KOG: Bit of a choppy and ranging day with no clear set up until late session. Support here at 2028 still needs a forceful break for us to see those lower prices while 2035-8 has been holding strong. We have nothing of interest to us in the news tomorrow but Thursday and Friday look like there will be fireworks. For now, as...

KnightsofGold

KOG Report: In last week’s KOG Report we said we would likely see the week start with ranging movement where if we saw the resistance levels hold above at 2060-65 we felt an opportunity to short the market would be available. We gave the initial level of 2050-55 and then on the break the level of 2030-35 with the weekly bias being bearish below 2075 with target...

KnightsofGold Updated 

KOG REPORT – NFP: This is our view for NFP, please do your own research and analysis to make an informed decision on the markets. It is not recommended you try to trade the event if you have less than 6 months trading experience and have a trusted risk strategy in place. The markets are extremely volatile, and these events can cause aggressive swings in price. ...

KnightsofGold

End of day update for us here at KOG: We weren't expecting much apart from the lower order region to potentially give us a reaction in price, which we got, but it can't be convincing due to NFP tomorrow! So, if you're in, you're in, we can expect there to be a grab and choppy price action for the remainder of the session leading up to NFP tomorrow. We're level...

KnightsofGold

Yesterday we said we would be looking for price to target that 2050-52 with a potential for a bounce. During the day we activated another short which told us to play caution and instead, stick with the weekly and daily bias targets below. We have now completed the weekly - 2055 and 2037 and the daily - 2052 and 2045. No we can see the lower order region...

KnightsofGold

End of day update from us here at KOG: Choppy start to the new year which should be expected up until next week at least. Our path and illustration has worked well, although a small stretch we've seen the resistance level hold giving the move back down towards the order region. We would now like to see a retest on support with 2050-52 being the key level for a...

KnightsofGold

KOG REPORT In last week’s KOG Report we said we would be looking for the resistance level 2060-65 to be targeted on open and if held, an opportunity to short the market would be available. We were initially looking for a bigger move down, but the short into immediate support is all we got. We then switched to KOG’s bias of the day and week with a target level...

KnightsofGold

End of day update from us here at KOG: As anticipated in yesterdays end of day report, the move to the upside exhausted and we're now seeing the retracement we wanted, potentially into the order region below! We've drawn a small range box around the current price which is where we're expecting price to play for the remainder of the session and into the Asia...

KnightsofGold

A great week so far on Gold, even though we're in the festive period. We've now completed the bias target level 2070 that we had mentioned in the KOG Report. Ideally a deeper pullback in to the order region would have been nice, but intraday targets and the daily bias have worked well taking us up to where we are now. We're a bit high up now in the move to...

KnightsofGold

KOG REPORT: In last week’s KOG Report we mentioned there will be a lot of ranging in the markets towards the end and beginning of 23/24 so to expect sudden bursts of volume. We saw just this last week in the markets across most of the pairs we’re trading. We suggested swing trading the market this time of year wouldn’t be part of our plan, and instead, if they...