KnightsofGold

KnightsofGold

End of day update from us here at KOG: Yesterday we want price to give us a bounce so we could get better entries to the short it again, however, as you can see we continued downside from the open. Earlier today we activated a price target for the short, but the bias level gave us a bullish target of 2370 of which we achieved 2369.8 before a rejection for the...

KnightsofGold

End of day update from us here at KOG: Nice move on Gold, we wanted to get in again higher but trades carried down kept running while we added again based on the daily bias and an Excalibur activation giving us the lovely move into the KOG Report target as well as the bias level target and the Excalibur target. Fantastic day in Camelot. So, what now? 200MA...

KnightsofGold Updated 

THE KOG REPORT: In last week’s KOG Report we said we would be looking for price to attempt the push up, go into resistance where we wanted to short the market into the order region, and then look for the long trade back up from there on the RIP into the levels above. This went extremely well giving us a pin point move from level to level. During the week we...

KnightsofGold

End of day update from us here at KOG: Early session we were looking for the 2430 region to hold the price and expecting an attempt at the 2400 level before a bounce, which we got perfectly. We then gave the bias target levels 2424 and 2430 which we both completed for our followers. We've then flipped and manage a short into the the 2320 price point which is...

KnightsofGold

End of day update from us here at KOG: One of those levels was going to give!! Yesterday we said levels are to be tested as long as your risk appetite and model is secure. One of these levels we felt was going to give a move and it happened to be from the order region as we suggested, not the extension of the move. So, what now? Typical Gold, is holding it's...

KnightsofGold

End of day and week update from us here at KOG: What a week! It's not rare for us to get pin point movement on this instrument but this week has been extraordinary. We managed to get the perfect short trade into the order region, then got the flip for the long and carried on up to where we are now, hitting our targets like no tomorrow and giving us another...

KnightsofGold

End of day update from us here at KOG: Yesterday we said we would be looking for price to go up towards the 2385-2390-95 region where is the opportunity presented itself, a short would be available to test into the lower support region where we were expecting a RIP. Price moves well into the region, giving the short and tapping straight into the region...

KnightsofGold Updated 

End of day update from us here at KOG: Yesterday we suggested looking for the support level to hold and the move to the upside should continue. While CPi was looming we identified the regions we wanted to target and although the support level fell just short, we got a move up again from the order region 2350-55 completing our Excalibur targets above. CPi...

KnightsofGold

End of day update from us here at KOG: So far so good, we've shorted into the order region and then longed back up where trades should be protected and partial profits taken. They're not making it easy due to the constant choppy price action but price is moving the right way. So, what now? Support here stands at the 2345 region which is circled on the chart,...

KnightsofGold

End of day update from us here at KOG: In yesterdays' report we said we would be looking for resistance to hold down the price, and if it did we would want to short into the order region below which was highlighted on the chart. We then suggested monitoring the order region for a reversal and there being an opportunity to long from there. The short worked...

KnightsofGold Updated 

THE KOG REPORT: In last week’s KOG Report, we said if support held after the open we felt we would get a push to the upside into the order region and if the market held the region we felt an opportunity to short the market was available. That short trade worked well and after partials were taken it was protected. During the week we suggested traders trade...

KnightsofGold

End of day update from us here at KOG: Yesterday we longed up into the order region and then shorted from the RIP, protecting our trades overnight and taking partials. We suggested two levels to long or short from but said breaking above will take us into the 2370-75 region. The move happened early session so didn't give us the chance to capture it, instead...

KnightsofGold

End of day update from us here at KOG: Yesterday we suggested caution on the markets as the accumulation was lining up for a breakout so we gave the levels for the extension of the move into the 2330 region. In Camelot we highlighted the move into the 2338 order region where we anticipated the move to long and then the RIP from that level giving the reverse...

KnightsofGold

End of day update from us here at KOG: Another ranging day giving opportunities to scalp but not hold trades unless you're already in from above. Bounces from support have given sharp moves but nothing to force us out of accumulation at the moment. We would now say caution on the markets as a breakout is imminent and ideally a swoop from above would be perfect...

KnightsofGold

End of day update from us here at KOG: A quiet day today only allowing the red box scalping strategy to take effect while price ranged and accumulated through the day. Yesterday we said we would like to see this go higher into the 2330-35 region which was close and again was rejected. Our bias level target shared today was 2310 which was hit, with the bias...

KnightsofGold

End of day update from us here at KOG: We were expecting it to be a quiet day, but in true unconventional market fashion we actually had a blinding day on the markets, especially gold. Early session we saw the break above which confirmed the long trade, Excalibur activated, the red box strategy agreed, and we got not 1 but 2 fantastic long trades on gold. To...

KnightsofGold

THE KOG REPORT In last week’s KOG Report, we said we would only be looking for one move and that was to short the market into the levels illustrated on the chart. We had the initial opportunity from the intra-day resistance level giving the move breaking through the order region temporarily giving us the bounce to long back up into resistance where we said we...

KnightsofGold

End of day update from us here at KOG: As expected, the whipsaw caused a little havoc but levels have held up well. We've completed 3 Gold targets today on the move, leaving us back here where the move started. Would suggest now there would be no point in entering the market unless you're long from the support level. For the close, we need to break above 2308...