Knights of Gold (Gold/FOREX Analysis/Trade ideas)
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We trade level to level. Follow at your own risk. Always use a sensible stop loss. Strictly for educational purposes, not trading advice. We are showing you what we analyse and how we trade the markets.
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There we got a nice Red box scalp for the short on the pull back.
Support now stands at the 2790 level which needs to break to go higher into the initial level 2708-10. As we mentioned in the KOG Report, they were likely to use this level (2795-90) as a order region which as you can see it happening now.
Trump causing havoc on the markets but giving us lovely trading volume early session. We didn't manage to get in higher as anticipated but got the move down into the Red box which was active yesterday pre-market open. That gave a nice bounce for the long trade into the region we said to watch, 2790-95.
https://www.tradingview.com/chart/XAUUSD/dJhhB6rw-THE-KOG-REPORT/
THE KOG REPORT has been published on Tradingview.
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28 Targets smashed, not including the bias level targets as well as the manual trades on the Red Box indicators š¤š„š¤
https://www.tradingview.com/chart/XAUUSD/weEb0NcW-THE-KOG-REPORT-Update/
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They will say your targets cover up and down, so of course they will get hit. What they don't see is the pin point targets and turning points, look at the bearish below level 2735, we completed all targets downside, hit that one on the nose, came back up and completed the bullish targets apart from one. Not to mention the Excalibur targets on top of that.
That's not a bad week at all!
If you are short from the Red box, it's worked extremely well for the rejection. Protect and manage it please.
Camelot Friday so we'll concentrate on tidying up and closing off positions for a new week ahead. We'll see you on Sunday for the KOG Report.
KOG
https://www.tradingview.com/chart/XAUUSD/3bxBhEbT-THE-KOG-REPORT/
If you haven't already, please hit the boost button on this idea. We've taken you all down into the perfect level for the long and brought you up here with target levels and analysis to go with it, for FREE! Thanks, KOG.
I would suggest anyone long from below please protect and manage your trades, we have higher levels, however, price is really stretching out early sellers and a RIP from one of these resistance levels is on the cards! Our indicator is also flashing so caution on going long up here!! Bias level target 1 is active and not far away
This is where we stand at the moment. The Report on Sunday is playing out pretty well with yesterdays FOMC Report failing to take the order region and continuing the move upside.
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