THE KOG REPORT - ELECTION SPECIAL - UpdateDaily chart – Election Special:
Quick update on the election chart we have been sharing since the beginning November. As you can see it’s worked well, however, at this stage of the movement we should have seen more upside movement on gold, which the accumulation is controlling. We have now added the additional level below 2590, as potential which corresponds with the KOG Report that has been posted.
Otherwise, nice clean movement, projected from the highs, swings were captured and levels worked extremely well. Red arrow was the projection, green arrows tracking movement.
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
Goldprojection
XAU/USD Longs from 2,590 or 2,570?Gold has been trading within a range, creating significant liquidity both above and below the current price. Once this consolidation phase breaks, I anticipate a reaction from either my supply or demand zones. Overall, my bullish outlook on gold remains intact.
I am particularly focused on the demand zones around 2,570 and 2,590, which I’ve marked as key areas. If the price reaches these levels, I expect a slowdown, allowing for accumulation before initiating a new rally to the upside.
Confluences for GOLD Buys:
- Bullish Market Structure: Higher timeframes continue to show strong bullish momentum.
- Break of Structure: Price has broken key levels to the upside.
- Unmitigated Demand Zone: Price needs to revisit these areas before continuing higher.
- Liquidity Above: There’s a notable amount of upside liquidity, particularly around Asian session highs.
Note: If gold takes out the upside liquidity, I’ll shift my focus to potential sells around 2,670, targeting the 5-hour supply zone for a reversal back down.
How High will Gold Rally Reach?How high will gold prices reach? They will rise in proportion to the U.S. debt.
Today, we will study the relationship between U.S. debt and gold prices during these periods. We will also explore how high gold prices might go and how soon they could reach these levels.
Micro Fold Futures
Ticker: MGC
Minimum fluctuation:
0.10 per troy ounce = $1.00
Disclaimer:
• What presented here is not a recommendation, please consult your licensed broker.
• Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.
CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com
GoldViewFX - Gold LEVELS and TARGETS for the weekHey Everyone,
Please see our updated 1h chart levels and targets.
Price is ranging sideways between 1910 and 1918. 1918 is a weighted level of resistance and the next Bullish target. We will need to see 1918 break and lock to open the levels above.
1919 and 1902 fall in the retracement test range and likely areas of test. We will keep this in mind when taking buys from dips. A break and lock below 1902 will open the swing range, which will allow us to track the movement down and the catch bounces up. This style allows us to naturally fall back in the long term trend without looking for the bottom or top.
We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we share every week last 18 months, you can see how effectively they can be used to trade with or against short terms swings and trends.
BULLISH TARGETS
1918
EMA5 CROSS AND LOCK ABOVE 1918 WILL OPEN THE FOLLOWING BULLISH TARGETS
1937 -
1946 -
BEARISH TARGETS
1910 -
1902 -
EMA5 CROSS AND LOCK BELOW 1902 WILL OPEN THE SWING RANGE
SWING RANGE
1895 - 1884
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
A Positive Outlook Sibanye-StillwaterThe statistics are between
$15.00 - $17.70 (1 Year)
It looks like it will get back to the Resistance again of $20 (2027)
If their Gold Projects keep on growing and prices keep rising,
it would be possible to have a break out in the Future (5 - 10 Years)
Sibanye-Stillwater has two advanced gold projects underway in South Africa –
Burnstone, a developmental stage project,
and the Southern Free State (SOFS) project an exploration project.
On 31 December 2021, these projects had a combined gold Mineral Reserve of 2.6Moz
and combined gold resources of 16.0Moz
Disclaimer:
Just my Idea! Find your Trading Ideas and learn and study more!
GOLD weekly movement (28/09 - 05/10)Hellooo...My Dragon Friends
I GOLD have Cup and Handle pattern, may found the retest line.
so we will sell from there...around 1750. and TP 1680
but still becarefull may be create bullish divergence
Lets See
Happy Trading
Smart Trading
Money Management
Risk Management
Disclaimer On
GOLD (XAUUSD) 07/06/2021 Moving In Retracement PhaseHere is my continuation analysis of GOLD (XAUUSD). Last week we saw Gold raised from our buy area to 1916 and then falling hard breaking below 1880 and reached the 1855 area which indicates that GOLD (XAUUSD) right now in the retracement phase from subwaves 3 to subwaves 4. For next week, I still considering GOLD (XAUUSD) move in retracement channel before going to the upside again. I am projecting that this retracement phase will end when GOLD (XAUUSD) reaches 1834 - 1845 areas. This analysis will be invalid once GOLD (XAUUSD) breaks below the 1820 area.
Disclaimer: This is my personal trading setup !! Please use this only for comparison with your own analysis.
Share your thoughts or ideas in the comment section below and give support by giving like thumbs and sharing with your friends.
Cheers.