KnightsofGold

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...

KnightsofGold

The KOG REPORT – NFP This is our view for NFP, please do your own research and analysis to make an informed decision on the markets. It is not recommended you try to trade the event if you have less than 6 months trading experience and have a trusted risk strategy in place. The markets are extremely volatile, and these events can cause aggressive swings in...

KnightsofGold Updated 

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

End of day update from us here at KOG: An extremely decent week so far with the FOMC play moving nearly pip to pip on the illustration. We've completed two gold targets below timely exiting with price giving us a tap and bounce from support leading us up to where we are now. For now, would look for support to hold up price and attempt to target the resistance...

KnightsofGold Updated 

The KOG REPORT – FOMC This is our view for FOMC, please do your own research and analysis to make an informed decision on the markets. It is not recommended you try to trade the event if you have less than 6 months trading experience and have a trusted risk strategy in place. The markets are extremely volatile, and these events can cause aggressive swings in...

KnightsofGold

End of day update from us here at KOG: Yesterday we said we wouldn't be looking to long the market, instead we would want the higher level to be tested so that we could short the market into the highlighted region we had given on the KOG Report. We would love to say we got the perfect short but the market moved early session from the get go, not giving the...

KnightsofGold Updated 

End of day update from us here at KOG: Pre-event price action has started so we're witnessing the whipsawing and choppy price action within the range now, which was expected. Yesterday we said we would be looking for the price to come down into support where we were waiting to load up on the long trades to target price region the path on the chart is leading to....

KnightsofGold Updated 

KOG REPORT: In last week’s KOG Report, we said we would be playing caution on longs where price had closed, and instead would be looking for opportunities to short the market from the given levels and suggested holding any short trades from above. We said we would be looking for them to break below that 2375 region and that would give us opportunities to take...

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 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...