KnightsofGold

KnightsofGold Updated 

End of day update from us here at KOG: A nice move here on Gold after the FOMC statement, not giving us the undercut low, but also not taking out the previous order region where we suggested traders go long, leaving their entries in tact. We now have an extremely stretched market with price attempting that 2800 level as we suggested in the KOG Report. We are...

KnightsofGold

THE KOG REPORT – FOMC This is our view for FOMC, 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...

KnightsofGold Updated 

THE KOG REPORT In last week’s KOG Report we said we would be looking price to attempt the 2715 price point and if rejected we would be looking for the short into the lower red box but sticking with the bullish bias levels. We got the move exactly into the red box support we wanted initially giving us the move upside completing not only KOGs bullish above targets...

KnightsofGold Updated 

End of day update from us here at KOG: Yesterday, pre-market open we wanted price to attempt the high and fail giving the short, or, attack the order region 2750-55 from open giving traders the opportunity to short and then capture the tap and bounce from lower. We managed to get the move, however, the structure entailed lower pricing exhausting at our lower...

KnightsofGold

End of day update from us here at KOG: A round up of the week on Gold which played pretty well compared to the KOG Report path suggested on Sunday. We managed to get the low, get the high, get the low again and complete the week straight into our target level which was shown on the chart. A fantastic week on the markets in Camelot. We would especially like you...

KnightsofGold Updated 

End of day update from us here at KOG: Well....We started well, managing to catch the short, then a long, then a short again based on the KOG report chart and Red boxes which completed our bias level targets in one swoop today. We then suggested traders take it easy as there was news on the horizon and a Trump speech around the corner. In all honesty, we wanted...

KnightsofGold Updated 

End of day update from us here at KOG: We wanted a deeper pull back to be honest but only managed that 2745 level before the push up. Since then we've only managed scalps on the red boxes with an Excalibur target active but volume thinning out over the last few hours. We have drawn a box with the potential range, key level support at 2740 and resistance...

KnightsofGold

Quick look at BTC as it seems to be top of the headlines at the moment. We had the level of 103k on this which is now completed. We now have support at the 104.3 region and obviously bullish above. I would however like to see that higher level and Red box may be give us a RIP if targeted! It will be interesting to see how this plays. As always, trade safe. KOG

KnightsofGold

End of day update from us here at KOG: Following on from yesterday, we wanted to see the breakout confirmed so we could continue with the path and stick with the bias level and targets published on the KOG Report. We managed to get a couple of decent trades on not only the long but the pull back prior into the red box level which gave the RIP we wanted to target...

KnightsofGold Updated 

End of day update from us here at KOG: A nice start to the week with price attacking the red box, giving the RIP and long trade back into the red box which is where we started to see a whole day of ranging. We're at a crucial price point now with MA's drawing together and accumulation in progress so please play caution here. We would ideally like to see another...

KnightsofGold Updated 

THE KOG REPORT In last week’s KOG Report we said we would like to see price attempt a brief test of the high, reject and give us the move down which was successful. We then wanted to exit any short trades and find the optimal spot to long back up sticking to the bias and the bias targets as well as the red box targets and Excalibur. Combined, we got the move...

KnightsofGold

Quick update on the weekly chart: As you can see price approached the red box on the swing and rejected giving us the move down we witnessed towards the end of the week. We now have red box support below at the 2675-80 level which can be a possible extension level if they want to continue this move upside. We also need to monitor the red box above for the...

KnightsofGold

End of day update from us here at KOG: All targets upside complete before the reversal! Not a bad week at all. Gold playing nicely, using the levels well and enabling us to trade it down into the lower red box levels, then up again only to then capture the short into the circled region shared with everyone yesterday. Now we have support below at the 2710 and...

KnightsofGold

End of day update from us here at KOG: Following on from the initial KOG Report we've not done too badly managing to plot the path for the move and jump on board with it over the week. Yesterday we wanted that pullback into the 2685-90 region to continue with the bias and the bias levels which didn't hit exactly but the move continued and we've completed all of...

KnightsofGold Updated 

THE KOG REPORT In last week’s KOG Report we said for the first half of the week we will be looking for the price to attempt the low-level support 2625-30 to complete the move from the week before which we achieved. We wanted this level to give us the bounce upside for the long, which was almost to the pip, hitting our target upside for another short completing...

KnightsofGold

End of day update from us here at KOG: We were looking for support to hold and maintain the bias to enable us to get the move upside into the region where we are now. Although we are looking for a little higher, we're at key level here so we're a little too high to attempt any long trades. For that reason, we have resistance above 2698-2700 and support below at...

KnightsofGold Updated 

End of day update from us here at KOG: After yesterdays plan to long into the levels above which worked well, we're now experiencing choppy and ranging price action playing the 2675 resistance and 2665 support. We can potentially expect another attack on the 2675 region but it's that 2660 level that needs to break. For that reason, we'll stick with the range...

KnightsofGold Updated 

End of day update from us here at KOG: Not too bad a day on the markets with gold giving us the level we wanted for the short into the red box support where we suggested traders protect and manage their trades. We then got the bounce we wanted but only achieving 50-90pips before the trade closed at BE. We're now seeing price approach the lower Red box support...