KnightsofGold

KnightsofGold Apr 25, 2021

Last week we were looking for the 1785 level on the smaller timeframes and 1795 on the higher. The price touched the 1797 region and rejected aggressively. As mentioned last week, this level is a key level from previous years and also a turning point for a medium-term decline. We’re looking for this to go a little bit higher this time, the trend is changing...

KnightsofGold Updated  Apr 23, 2021

Looking to take this long again towards the 1.2100 level. Once we establish a support level we'll test the entry. Breaking 1.20018 and the trade will be invalid.

KnightsofGold Apr 22, 2021

Gold has been working well for us again this week. We've hit out previous KOG target and the price rejected from there. We think this is a minor pullback at the moment and we're looking for support to form below at the 1775-70 level, below that 1760-65. We have a higher target of around the 1810 level but that all depends on how the price reacts if we approach...

KnightsofGold Updated  Apr 21, 2021

We're looking for lower levels on this one. Any retracement upwards that shows resistance and we'll test the short with a small lot and strict SL. As always, trade safe.

KnightsofGold Updated  Apr 21, 2021

Interesting day on Gold today, it played out as we suggested in our 4H analysis on Sunday. We’re at the level where we want to target the higher price points, we have an Excalibur target around the 1792-95 level. If this is a H&S in the making on the hourly then this is likely to pullback further towards the 1750 level which could now act as a support being a...

KnightsofGold Apr 21, 2021

Just publishing this for reference. Gold went straight into the Excalibur target zone, just as predicted! Have a look at our USDCAD call earlier, if you held out with the stop you'd be seeing some lovely profits on that trade too. KOG.

KnightsofGold Updated  Apr 21, 2021

Looking to test the long around this region. Expecting this to potentially go down a little further so need to take a bit of caution. We're hoping we get our target that was published a couple of days ago. Small lot, stop loss in place.

KnightsofGold Updated  Apr 19, 2021

Looks good to go up. Ideal entry would be below for this, any pullback and we'll get in for a long to the target level.

KnightsofGold Apr 18, 2021

We’re expecting two scenarios here both having the same result. We’re looking for open to ideally pullback towards the 1760-55 levels and then continue its journey up towards 1785-95 or, we’re to open up, hit the 1785-95 levels, flush out any late Friday sellers then come down towards the 1760-55 level. At this support we’re expecting it to continue its...

KnightsofGold Apr 18, 2021

As you can see on this chart our previous target which we plotted a week or so ago has been met. Excalibur gave us two targets, 1760 with an extension to the 1775 level and 1720. We just missed 1720 which is suggesting to us the move down is not over. We’re taking longs from pullbacks but these are for short, sharp, quick captures with tight stops. We’re at...

KnightsofGold Apr 18, 2021

This is working out pretty well…We can see the trendline resistance running from 2009 at 1795 approaching. This is also a crucial turning point for Gold in previous years (Nov 11, Feb 12,Oct 12). We want to see how the price reacts at this level, IF it gets there! We have high targets on smaller timeframes of 1785, lower targets of 1720 and 1647 at the moment. ...

KnightsofGold Apr 15, 2021

A successful days trading on Gold, Silver and GJ for our team today. Gold has finally managed to breach the 1750 level that was a key level for bears and failed to be protected. Our KOG target of 1760 has also been reached. We'll now sit back and want to observe what the market does tomorrow. We're looking for the immediate lower level of 1765-60 to act as...

KnightsofGold Updated  Apr 15, 2021

Don't think we're going to get much of a retracement on this. A little bit higher and we're going to test the short entry to the target area. As always, use a stop and small lot.

KnightsofGold Updated  Apr 15, 2021

Yesterdays analysis seems to be playing out quite well. Today we're looking for support around the 1740 level first and then 1735. If we get successful support below we'll aim to enter a long again to target that 1760 level. Please note, 1750 is a key level and a strong resistance.

KnightsofGold Updated  Apr 15, 2021

Not much of a pullback on this so we've entered the long to the target area. We're looking for 0.92536 or close to that region. As always, trade safe.

KnightsofGold Apr 15, 2021

Looking for support below and we're going to test the long to the target area. This has potential to go to 25.80 levels but we're only looking for a quick capture. Stop in place, small lot if you follow. As always, trade safe.

KnightsofGold Apr 14, 2021

We're expecting this to go higher at some point over the coming sessions. We would ideally like the 1735-38 area to act as support which would represent a good buying opportunity. Our targets have not changed, we had a lower target of 1720 which we just missed yesterday and a higher target of 1760. Surpassing the 1760-65 level which potentially push the price...

KnightsofGold Updated  Apr 13, 2021

Resistance at the 1.8939 and we'll test the sell. Target level is on the chart. As always, trade safe. Always use a stop loss.