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

Nice. Hit the boost button on the Tradingview posts please. The support from this free group isn't great, that's all I'm saying.

Absolute mental markets. That's just today and FOMC hasn't even turned up yet! 🔥

https://www.tradingview.com/chart/XAUUSD/csZsLiug-THE-KOG-REPORT-FOMC/ 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

With FOMC today this is all that we're doing, small scalps on the indicators with low exposure if anyone is feeling the itch. Otherwise, backseat driving while price continues the range

FOMC today. Wait for the price to go where they want to take it, look for a clean set up, then enter the markets if you wish to trade. 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.

Last time we posted this was August 2024, wow! Anyway, if you would like to join a winning team of traders, a community helping and supporting each other, KOG's guidance on the markets, navigation on Gold with levels targets, hot spots and key levels. What's more? Excalibur and LiTE giving you pin point targets. The Red box and Knights indicators showing and generating signals all day long across any pair available on Tradingview, allowing you to trade independently, the custom volume indicator that tells you when it's good to long, short and play caution across all pairs and instruments. Education, guidance, trading tips, news and so much more. Click the link below and follow the instructions: WWW.KNIGHTSOFGOLD.CO.UK

I'll leave 3365 there just in case, as bounces here can be temporary. Either way, that should be us done on Gold pre-event FOMC. See you tomorrow

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Bias level held us well. Just shy of 3365

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Pre-event price action: Trend within trends on the smaller timeframes Patterns that conflict each other - You may get a H&S but with that is a double bottom for example. They do this intentionally to get traders committed to the wrong direction Ranging price staying close to short term MA's Swings and spikes all of a sudden - This is a stop loss hunter activation taking liquidity from the high and low of a potential range Ask yourself these questions: Do I understand intra-day levels? Do I understand pre-event price action? Do I understand trading with ranges and price accumulation? Do I have a risk model that protects me and my account no matter where the price goes?

With the bias level, pick a decent trade!! We're not just giving support and resistance levels for content, these are key levels for price to attempt, we could give a BOOM every time they're hit but that would be silly. Use the levels, plot them on your charts, that's the start of level to level trading. If you get a decent trade into a level using the bias, be done with the market. No need to flip on the reverse trade unless there is a clean set up. Vice versa, if you're waiting for the bias level, make sure the set up is clean, use the intermediate levels which are given, and then get in. Implement it into your trading, see how it works.