Get started

Goldalltimehigh

XAUUSD Longs from 2,490.000 back upMy analysis for gold this week focuses on buying from the 17-hour demand zone, where I expect price to create a new impulsive move to the upside that could potentially take out the previous all-time high (ATH) again. Currently, we see price sweeping a lot of liquidity and family supply zones from last week, which may slow down price and lead it into my 30-minute supply zone. I will approach this zone cautiously, as it involves counter-trend selling from that point of interest (POI). However, it's an extreme zone at a premium price that remains unmitigated, so I'll watch the price action closely on Monday's open to see if price starts retracing or enters the supply zone. Confluences for GOLD Buys are as follows: - Liquidity above that needs to be taken. - The market is very bullish on both lower and higher time frames, making this a pro-trend trade idea. - Fundamental and sentiment-driven news also suggests that price will remain bullish. - Price failed to hold two new supply zones last week. - A 17-hour demand zone has been created, which looks promising for possible buys. P.S. If the ATH is taken out and my 30-minute supply zone fails, I will wait for a new demand zone to form closer to the price before looking for a new supply. Ideally, we get that retracement before continuing the bullish move. Have a great trading week, guys!
OANDA:XAUUSDLong
by Hassan_fx
2
THE KOG REPORTTHE KOG REPORT: In last week’s KOG Report we said we would be looking for that lower support level of 2420-25 to target, and if it held we felt the opportunity to long into the 2450-55 region and the extension of the move into the 2465-8 price points would be available. We got that move almost to the pip from the open, completing the move in the early part of the week. During the week we update traders with the short potential trade from the order region, which again completed and then suggested going long again once we saw the structure support 2430-25 form. This move here gave traders the opportunity to target that all time high, completing numerous Excalibur targets along the way. One of which we had highlighted last week on the chart. So, what can we expect in the week ahead? For this week we’re going to keep it simple. Due to the lack of data up here we’ll have to modify and adapt as the market continues. We have potential resistance above sitting around 2515-20 and we now have the support level below sitting around the 2480-75 region which could be a potential target level for the retracement of this move, but price needs to hold this level. Breaking below it can correct this whole move to the downside, so if you are going to attempt going long, please make sure the set up is clean, and please, try not to go long up here unless there is that retracement. As you’ve seen, Red boxes help in identifying the key regions and give bounces a majority of the time. If the level is held, we see an opportunity to continue this move back up towards the 2520 and above that 2530 regions with extension of the move into 2540-45. These levels above we’re going to label as order regions but that’s yet to be confirmed. Nice and easy this week, take your time with the trades, make sure the set up is right and clean. Try not to jump in just because you’ve identified a target, as we’ve said above, they can correct this whole move so lets play defence this week. KOG’s bias of the week: Bullish above 2475 with targets above 2510, 2525 and 2540 Bearish on break of 2475 with targets below 2450 As always, we’ll update you during the week. Look out for: KOG’s daily bias and targets Red boxes – Our strategy which is proving to a huge hit with our traders and team 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 Gold, so your likes and comments are very much appreciated. As always, trade safe. KOG
FX:XAUUSD
by KnightsofGold
9
THE KOG REPORT - UpdateEnd of day update from us here at KOG: What a week on Gold! We've managed once again to stay the right side of it and take advantage of the price breaking records and creating a new all time high! We pin pointed the entry levels and the target levels for our community completing our Excalibur targets. Now we again have to play caution, as we can see potential for higher pricing, however, going long up here without a significant pullback is definitely not a good idea. For that reason, we have slightly modified the chart with the region above being added, this is where we feel there are potential opportunities to short the market, if these levels are visited in the coming sessions. Otherwise, the flip, we would like to see this pullback into 2350-55 and then attempt to go higher if the above isn't complete. Hope you've done well by following us and our bias this week, please do leave us a boost and a comment. As always, trade safe. KOG
FX:XAUUSD
by KnightsofGold
6
THE KOG REPORTKOG REPORT: In last week’s KOG Report we said we said the correction in gold was likely going to be profit taking and we were not ready to suggest it’s bearish as yet. We suggested that resistance may hold during the early part of the week and if it did, we felt the opportunity to short the market back down into 2330-35 and below that 2310-2295 would be available. We said these are the levels we wanted to see the RIPs, and would represent opportunities to long the market back up in to the levels we had given, and for us into Excalibur targets sitting higher. As you can see, apart from the extension of the move into 2310, we got our move again upside giving us another phenomenal week on Gold in Camelot. Towards the end of the week, we gave traders the higher levels in which to look for the short trades, and again, perfect level to level trading implemented giving us the move down, then in Camelot, 2375 held for us to take it up again closing of the week. Great work by the team not only on Gold, but the numerous other pairs we trade. So, what can we expect in the week ahead? We wanted to see if they could close this above the 2400 level which failed on Friday, so even though we’ve been saying it for a couple of weeks, we’re going to play caution again on long trades unless we get a really significant pullback on Gold. We have the resistance level 2395-2404 which is holding the price down at the moment with support 2375 giving us the bias bullish above. However, for this week, we’re expecting them to attempt to break that high at some point and rather than taking long trades into the higher levels, we’ll be looking to capture another decent short trade from higher up. So, on open if we see support hold, traders could be presented with the opportunity to level to level long up into the 2404, 2410 and above that 2414-20 regions. We would suggest it is level to level with trades protected as soon as is viable and partials taken along the way. It may also be an idea to leave small runners with an open TP into the extension level 2340-55 which we’re identifying this week as an order region. It’s these levels where we’ll be looking for RIPs based on the set up if it is presented to short the market back down, with the view that we have potential to break below the 2375 price point. Please note, breaking and holding above 2404-6 is needed for us to target those higher levels. On the flip, although structure looks like we’re going higher, this range is confusing traders, not only getting them stuck mid-way but also whipsawing them into cutting and taking their stops. There is a small indication of a move down, but it’s not as significant as we would like at the moment, so we will say, if they do push this down, 2370-75 is the key support level which will need to break for us to go lower. KOG’s bias for the week: Bullish above 2370-5 with targets above 2404 and above that 2414 Bearish on break of 2370 with targets below 2355 and below that 2342 It's a simple on this week, caution is needed on the markets, so many traders are treating this like we’re in normal everyday market conditions as they haven’t experienced anything else. These are extreme market conditions, your lot sizes and your money management are imperative to maintaining your account and helping it to grow. There are numerous posts on trading the range, how to use levels, as well as a trading strategy that we’ve posted previously, please use these to help guide you through these markets. We’ll update the report throughout the week as well as share KOG’s daily bias and levels, please keep a look out for them, they have proven to be extremely successful in guiding traders and keeping them in the right direction. 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 Gold, so your likes and comments are very much appreciated. As always, trade safe. KOG
FX:XAUUSD
by KnightsofGold
6
THE KOG REPORT THE KOG REPORT: In last week’s KOG Report, what can we said during the early part of the week we wouldn’t be looking to long the market, instead, we would look for a high to form and then short the market back down in to 2230 and below that 2220. We got the short into the initial levels which is where we suggested during the week that traders take the trades and wait for a RIP. We gave the bias level targets as bullish above 2220 and long trades to be take into 2250 and above that 2286 on the bounces, which as you can completed. Then came NFP and the long trade from the support level, again giving us a great capture enabling us to have traded this down and then up again level to level almost pip to pip entry and exit. Please be aware, these levels are not small captures, you only need to look at the chart posted to see the distance that has been covered in this play. Great week for us in Camelot, not only on Gold, but on the numerous other pairs we trade. Hit rate was amazing, pip capture through the roof! So, what can we expect in the week ahead? Quick and simple KOG Report this week. Caution again on going long too high up as any movement like we’ve seen in the opposite direction will not give you time to manage your trades. Keep your lot sizes in check and make sure you're risk model is up to scratch. This is no normal market, we're in unprecedented times and markets reacting in extremes! For this week, we’re looking at a potential stretch on gold so please be careful! These levels are to be tested, but one more little move to the upside to get the ideal entry would be perfect for us. So, we have the initial resistance right here on the close 2230-35, if held there is an opportunity to short the market back down into support regions 2310-05 which is where we want to see what happens and look for a potential RIP. A break here is what is needed for the price to continue downside, otherwise one more swing higher into the order region 2345-50 could be available which is where the ideal short may come from! Longs higher up are risky as the turn can be sudden and will leave traders left hanging a region where data is lacking, so caution please unless you’re scalping for quick captures from the intra-day levels we posts as well as the red boxes. Use the levels on the chart and use the intra-day levels, don't marry the trade, don't marry the position. When you trade like this, it doesn't matter where the market goes, you trade it, take what it gives and come back again when your set up is right. It’s really as simple as that this week, price goes up into our levels, we want to test the shorts, comes down we’ll either test the longs, or wait for the potential stretch and then short it from higher up. KOGs bias for the week: Bearish below 2350 with targets below 2310 and below that 2280 Bullish again on break of 2350 with targets above 2365 and above that 2372 Range in play – Support 2255 / Resistance 2372 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 Gold, so your likes and comments are very much appreciated. As always, trade safe. KOG
FX:XAUUSD
by KnightsofGold
2
GOLD $XAUUSD - Mar. 25th, 2024GOLD OANDA:XAUUSD - Mar. 25th, 2024 Weekly: Bullish Daily: Bullish 4H: Bullish BUY/LONG ZONE (GREEN): $2186.000 - $2280.000 DO NOT TRADE/DNT ZONE (WHITE): $2155.000 - $2186.000 SELL/SHORT ZONE (RED): $2072.000 - $2155.000 OANDA:XAUUSD had strong bullish momentum after breaking out of a previous range and is currently developing a new range at the top of the newly hit all-time highs. Looking to follow price to a further push up as that would be following momentum and trend direction, but there is also the chance of a breakdown into a bearish trend. There is zones shown for each direction as what I would use as safe entry points. This is what I would personally look at before entering trades, everything is subject to change on a daily basis and as I analyze different timeframes and ideas. ENTERTAINMENT PURPOSES ONLY, NOT FINANCIAL ADVICE!
OANDA:XAUUSD
by TonyAiello
THE KOG REPORT (Another aggressive week on the horizon)THE KOG REPORT: In last week’s KOG Report, we said we would be sticking with the plan and gave the extreme level of 2193-5 which is where we expected there to be a RIP, and if held we would be looking to short the market back down into the 2150-55 levels and below that 2147. It was at these levels that we said we would be expecting another RIP with extension into 2135-40 and we would then be looking to trade this back up level to level. During the course of the week, we updated our plans and decided to we’d go with the flip and on the break of 2175, we would continue with the long trades with the bias level 2204, 2210 and the target level 2224 on the available. As you can see, we completed the targets above on the flip closing price above the target. As phenomenal week in Camelot, not only on Gold, but the numerous other pairs we trade. So, what can we expect in the week ahead? We ended the week last week with an update highlighting the potential regions we would be looking for the price to target on opening. So, for the early part of the week we will stick with the same levels and clearly state, we’re not looking to long the market unless we get a decent pullback! Price may want to stretch, so those that are short without stops (yes, there are traders who trade like this) please keep the higher levels of resistance in mind and know that without historical data up here, we will need to give or take pips either side of levels! We have the higher resistance zone of 2250-55 and the lower support level of 2225-20 which could be the play for some part of the week as the market takes a rest after the aggressive move upside we’ve witnessed. A complete reversal here may not be on the cards with a stretch into 2255 very likely in our opinion. It’s at these levels, if targeted, that we may look to test the short trades back down into the 2230 and below that 2220 regions with extension of the move back to test the breakout 2205-2197. Bears need to see a clean reversal forming here with a longer timeframe swing with a break below the 2195 level, otherwise, levels above on bounces from support continue all the way up towards the 2286 region which in our opinion is a vali target level. In summary: Higher resistance level hit first, clean reversal we’ll look to short back down into 2230 and below that 2220. It’s the lower regions of support we’ll then look at taking the long trades again unless we break below 2195! Price comes down into support levels, holds above 2220-5 we could see the range form between support there and 2250-55 resistance pre-event! Don’t forget, we have NFP in the week ahead as well as other news that will drive the markets aggressively. Less experienced and new traders, these aren’t the conditions you should be trading in, rather waiting for the price to do what it needs to and then looking for the right setups. KOG’s Bias of the week: Bullish above 2220-5 with targets above 2250 and above that 2286 Bearish on break of 2220-5 with targets below 2195 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 Gold, so your likes and comments are very much appreciated. As always, trade safe. KOG
FX:XAUUSD
by KnightsofGold
4