KnightsofGold

KnightsofGold

End of day update from us here at KOG: Gold, order to order, played into the lows, from the lows wanting the 2350-55 level and we got it. Now, support stands at 2330 which is being attacked which will determine where we close. Unless we bounce and get a late session move, resistance now stands at 2345 with the potential to close here and range. Longs with...

KnightsofGold Updated 

End of day update from us here at KOG: We got decent entries on yesterdays move and suggested holding runners and looking for the higher resistance levels. We managed to identify the long early session from the 2317 region and then again post-NY completing the higher targets. Not much has changed from yesterday, we're still looking for this to target that...

KnightsofGold

Quick post from us on GJ! We have a higher target on this but it's potentially where this move terminates. So, we'll be looking at the level above for a RIP, if we get it, we'll short. As always, trade safe. KOG

KnightsofGold

Quick post from us on FTSE. We're looking at these higher levels for a RIP potential, if we can get it we're looking to take this down into our active targets. We'll update as we go along. As always, trade safe. KOG

KnightsofGold

End of day update from us here at KOG: A decent day on the markets with the perfect example trade coming from gold. We said yesterday the ideal trade would be a move down into that support level where traders should look for the tap and bounce. We had the red boxes and that level of 2291 highlighted which gave the first opportunity together with the structure...

KnightsofGold Updated 

End of day update from us here at KOG: Further to yesterdays KOG Report, no longs as planned. Before open last night, we identified a move to the downside, price didn't give the pinpoint entry we wanted but moved nicely into the levels we wanted giving us the break of 2370-75 as planned on the report, bias levels hit and complete for now! So, what now? We're...

KnightsofGold

KOG REPORT: In last week’s KOG Report we said we said the correction in gold was likely going to be profit taking and we were not ready to suggest it’s bearish as yet. We suggested that resistance may hold during the early part of the week and if it did, we felt the opportunity to short the market back down into 2330-35 and below that 2310-2295 would be...

KnightsofGold

End of day update from us here at KOG: An interesting day on gold with price moving into the higher region hitting our Excalibur targets and then giving the RIP from above straight into the regoin below. That support region has held giving the opportunity to long, however, we should be now waiting for the daily close. The fight is on, can they close above the...

KnightsofGold Updated 

End of day update form us here at KOG: Quiet day today on Gold while it only allowed us to scalp using the levels and the daily bias. We wanted the 2395 region but fell just short at 2394, while the support level has continued to hold and give opportunities to long into resistance. So, what now? This range looks like it's coming to an end and there is going to...

KnightsofGold Updated 

End of day update from us here at KOG: Another decent day on Gold with the bias working well in the morning giving us a great trade, and then again in during the US Session hitting our first target level 2395. This level however is proving hard to break so we need to play caution on going long, unless we get the key levels below. Above we now have the...

KnightsofGold Updated 

End of day update from us here at KOG: Yesterday we said we had the higher levels in mind 2385 and above that 2405. As you can see we hit the first level, however, the pullback fell short of the 2405 region which is where Powell may take the price now in the remainder of the session. For that reason, support stands below 2380-85, with the first region being...

KnightsofGold

End of day update from us here at KOG: Yesterday we said we would be looking for the price to go up into the resistance region, reject and give the short trade down into the levels of 2330-35 initially, with the lower level being 2310. Some traders in Camelot took the long early session, then the short into the region where we then got a beautiful TAP AND BOUNCE...

KnightsofGold Updated 

THE KOG REPORT: In last week’s KOG Report, we said traders must be aware of the conditions they’re trading, and markets are moving at extreme levels, we said would be looking for that sudden turn in Gold that may catch traders out. We gave the initial resistance level on the open of 2330-35 where we anticipated the first move down into support, this gave traders...

KnightsofGold

End of week update from us here at KOG: Wow, what a week on the markets again! In today's morning review we said today we would definitely not long the market, instead, even though we had a target level above! We had previously given the levels to look for RIPs, and unfortunately the first two we surpassed, which we did say, if broken we'll look higher. That...

KnightsofGold Updated 

End of day update from us here at KOG: Decent day on the markets with Gold hitting the bias level during the CPI move and giving traders a lovely TAP AND BOUNCE move upside into resistance. Star of the day today was EURUSD, a point to point, level to level move of over 100pips straight into our Excalibur target identified prior to CPI. So, what now? We're...

KnightsofGold

End of day update from us here at KOG: For now we have plotted the order regions on the chart and would say it's likely we're now going to see price range, while the MA's start drawing closer together pending a breakout. For that reason, we have shown the levels above as potential RIP points, if broken above we have a higher level at the top of the range sitting...

KnightsofGold Updated 

End of day update from us here at KOG: In the KOG report on Sunday we gave the extension levels of 2365 and 2372 as bullish targets which as we can see we're extending in to and completed one of them. Yesterday we said unless we broke below the bias level we were likely to take liquidity from higher again, so put caution on the short trades. Again, the...

KnightsofGold

Quick update on the charts pre-event. We'll keep it simple as for this, there is likely to be a lot of volume entering the markets on the release, and the movement can be extreme. A lot of traders are expecting this to pullback, and they may get the move, however, they could surprise everyone and continue this move to the upside before then bringing it down. We...