KnightsofGold

KnightsofGold

We're still expecting a reversal at some point but don't feel it will be the flush we were looking for just yet. As we suggested on the Daily KOG Report there's a chance this can go towards the 1950-60 levels where the fractal shows it can start the decline. However, we're approaching the end of the month and there is likely to be some profit taking over the...

KnightsofGold Updated 

Gold found support at the indicated level on the hourly which presented an ideal area for a long trade. You can see the bullish 1H candle which has broken through the resistance level and now that level seems to be acting as support. We need to be careful here as all the charts are showing no signs of direction as yet. We have the Excalibur target above which...

KnightsofGold

Gold has broken above our liquidity zone to the top side. We have Excalibur indications of some further movement up but feel these may be temporary for the coming week. We’re expecting a push up towards the 1890-1901 levels before a decline back towards the area of liquidity situated around the 1850-40 price point. What we want to see is the price to be driven...

KnightsofGold Updated 

Hope this is clear. We're in what could be a symmetrical triangle. We've mentioined these before, we know that in most instances they give a false signal one way and then break the opposite direction. If this is the case we're looking for the immediate resistance levels to scale in on shorts. Scenario 1: We ideally want this to break all resistance levels,...

KnightsofGold Updated 

We're expecting a bit of a correction on this. We have an indication of a long and a short, so expecting this to push up a little first and then decline. Its just an idea so follow with caution. As always, trade safe. Your likes and comments are always appreciated. KOG

KnightsofGold

Excalibur target identified.

KnightsofGold

We have a target below on this one which has been active since the start of May. We would like to see this target met before this turns around and starts an incline in price. Lets see how this works out. Your likes, follows and comments are much appreciated. KOG

KnightsofGold

We had a KOG target above which was hit to to the T. KOG targets also work as reversal zones, we can see how the price reacted there and turned around. We have a KOG target below but we're trading it with caution. As always, trade safe. Your likes, follows and comments are very much appreciated. KOG

KnightsofGold

XAGUSD 1H - Silver has done the same as gold..... Its given us an indication of a long. On sunday we published the KOG target we were looking for which the price achieved. Its still looking bullish but the way the market is playing at the moment we would suggest you exercise caution in your trades. We need to monitor the support below and the immediate...

KnightsofGold

Excalibur has given us another long indication. Although we know its a very accurate tool, after yesterdays flush on the buyers we would treat this with caution. Its likely that we may see the price push up at some point to get some late buyers in, we have a lower level of 1857 and 1840 which we feel is due. What we want to see is this push up and resist at the...

KnightsofGold Updated 

Gold rejected in our zone. We shorted the market and have now come out of a majority of our trades. We're facing a strong support level around here and Excalibur has left us a target above. We're going to trade with caution now, this could potentially be a flush on the longs before resuming the move up towards 1885-95. Although the chart shows a decline, we...

KnightsofGold

Look for support to on gold around the 1855 level with potential resistance at 1886-90. If we break below 1855 its a good sign that bulls aren't fully in control of this but then we want to see resistance at that level. We need to be careful, Excalibur is indicating this can go up so its the same as yesterday. If it goes down first its likely its gearing up...

KnightsofGold Updated 

We're looking for some support on this below and we want to test the long to the identified target area.

KnightsofGold Updated 

Gold has been following our plan from a couple of months ago. We've managed to follow its moves and analyse the data effectively in order to stay one step ahead. We found support at our target level and bounced bullishly, Excalibur gave us a target of 1845 early in the week which was an ideal opportunity for a long trade. Right now we're only targeting shorts...

KnightsofGold

Excalibur has given us a couple of long indications on this over the last 2 weeks. Lets see if it goes to its target level indicated. KOG

KnightsofGold

Approaching weekly supply area at around 1850. This looks very likely at the moment especially with the two bullish weekly candles. This is an important week, for this to go down anytime soon we don’t want to see another bullish weekly candle. This to us suggest that Gold can potentially make a big move at some point over the next few days. What we’re...

KnightsofGold

Our plan for today. We're already holding a short from above which we have now reduced exposure on. What we would ideally like to see here is some retracement back up to test the 1825-30 levels and looks at what kind of reaction we get there. Breaking that level back up should entail the price attempting to go back towards the 1845-50 level and potentially...

KnightsofGold Updated 

KOG target identified earlier last week. We posted the trade previously but didn't get a good entry. We're looking to get back in with a small lot for a long.