Knights of Gold (Gold/FOREX Analysis/Trade ideas)

The most amount of money is lost and accounts are blown during FOMC and NFP because traders are trying to capture the volume driven candles with large lots. They also get stuck in pre-event price action during the ranging and chop without using SL's. This is a recipe for disaster, large lots, small accounts, it only take s a small spike to blow your account. This is not trading, this is gambling! Tonight the casino is open, the drinks are free to entice you, only you can have that discipline to sit and wait patiently for the right moment.

Broken above after a short pull back. We're looking a little stretched here with liquidity indicators showing overbought conditions. Support is 3990 which will need to break to go lower. FOMC today so we'll take it easy now. The KOG Report will be posted later in the day with our view for the event. We can expect some pre-event price action now going into the US session

Everyone's had their day today. You guys in here got a hot spot target, we've smashed the short and got the bounce for the long trades currently running for the swing. No more today, see you tomorrow.

Job done! 💥

Please take some time to hit the boost button on our Tradingview ideas. No point sharing targets and red box levels if the support isn't there.

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Downside Excalibur hit, upside bounce on the hot spot and boxes

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As per the report, we wanted higher for this to then take it downside but the gaps on open made the break and move into the target level number 1. That is now complete and resistance stands at the 4035 level with support now way down

https://www.tradingview.com/chart/XAUUSD/RrQPgo7H-THE-KOG-REPORT/ THE KOG REPORT has been published on Tradingview. Please support us and the free channel by hitting the like/boost 🚀 button 🙏 on our Tradingview ideas Website: Join us here (open) 👇 www.knightsofgold.co.uk

Knights of Gold (Gold/FOREX Analysis/Trade ideas) 📱 Invite link: https://t.me/KnightsofGold Find us on: Website: Join us here (open) 👇 www.knightsofgold.co.uk There is an option to contact us on the the website if you have any queries Email: contactknightsofgold@gmail.com 📱 Instagram: https://www.instagram.com/knights_of_gold/ 📱 X: https://twitter.com/KnightsOfGold2 📱 TikTok https://www.tiktok.com/@knights_of_gold 📱 YouTube https://www.youtube.com/@Knights-of-Gold 📊 KOG's Broker of choice:  Hantec Markets https://hmarkets.com/live-account-pre-registration/?refid=11771&cmp=8d3x4m1u&ent=hm 📊 Looking for a reliable prop firm:  Hantec Trader https://myhtrader.hmarkets.com/purchasechallenge?affiliateId=1556 We appreciated all your likes, follows and comments.  Give us a follow, share the group and keep up to date with KOG. Knights of Gold (Gold/FOREX Analysis/Trade ideas KOG

Still here, still playing the game, just taking a few days off from the telegram channel. Camelot Friday today as well, so we're usually quiet on telegram. Hope you all have a great weekend and we'll see you on Sunday with the KOG Report. KOG

Very difficult to manoeuvre with price when it's creating 500pip 15min candles! So, take it as a guide, and remember, risk management is the key! KOG