End of day update from us here at KOG:
In the KOG Report we said there is likely to be an undercut low which can bring us into this level here where the price can find support. As you can see the move played out nearly perfectly, again giving us a pip capture on which was through the roof, just on Gold. We managed to catch Silver, GJ and Oil in Camelot too!
The move seems like its lost a bit of momentum now so any buying should be with caution, sensible lot sizes and a risk model in place. Please don't trade these moves on Gold with no SL! We're happy with what we've got so far and with FOMC tomorrow we'll wait to go long, if we do. Daily close is important and a close below 1750 is not a good sign. If you caught the move with us as we illustrated then please don't give anything back by getting stuck in longs now. Wait for confirmation, the market always gives you a chance!
We'll be back tomorrow with the FOMC KOG Report.
As always, trade safe.
KOG
In the KOG Report we said there is likely to be an undercut low which can bring us into this level here where the price can find support. As you can see the move played out nearly perfectly, again giving us a pip capture on which was through the roof, just on Gold. We managed to catch Silver, GJ and Oil in Camelot too!
The move seems like its lost a bit of momentum now so any buying should be with caution, sensible lot sizes and a risk model in place. Please don't trade these moves on Gold with no SL! We're happy with what we've got so far and with FOMC tomorrow we'll wait to go long, if we do. Daily close is important and a close below 1750 is not a good sign. If you caught the move with us as we illustrated then please don't give anything back by getting stuck in longs now. Wait for confirmation, the market always gives you a chance!
We'll be back tomorrow with the FOMC KOG Report.
As always, trade safe.
KOG
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🔴 TWITTER: twitter.com/knightsofgold2
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🟡 Disclaimer: Not financial advice. For educational purposes only.
🔴 TWITTER: twitter.com/knightsofgold2
🟢 INSTAGRAM: instagram.com/knights_of_gold/
🟡 Disclaimer: Not financial advice. For educational purposes only.
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这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
🔵 FREE TELEGRAM CHANNEL: t.me/KnightsofGold
🔴 TWITTER: twitter.com/knightsofgold2
🟢 INSTAGRAM: instagram.com/knights_of_gold/
🟡 Disclaimer: Not financial advice. For educational purposes only.
🔴 TWITTER: twitter.com/knightsofgold2
🟢 INSTAGRAM: instagram.com/knights_of_gold/
🟡 Disclaimer: Not financial advice. For educational purposes only.
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。