Gold Spot / U.S. DollarUpdated THE KOG REPORT - Update
End of day update from us here at KOG:
A bit of a dissapointing CPI even though it moved, it didn't break the range! So now we're back in the accumulation range with MA's surrounding the candles pending another breakout. We've near enough played the range box box yesterday and completed nearly all KOG's bias of the day and red box targets for the day, so not bad to end.
Now, we have support below 2890 and resistance at 2903 with range high at 2918. We would say as long as support can hold we will potentially see more upside to stretch out those traders targeting that wick.
Not much more to say team.
KOGs Bias of the day:
Bearish below 2910 with targets below 2885(HIT) and below that 2870(HIT)
Bullish on break of 2910 with targets above 2934, 2945 and above that 2947
RED BOXES:
Break above 2890 for 2895, 2902 and 2905 and 2912 in extension of the move
Break below 2980 for 2875(HIT) and 2867(HIT) and 2865(HIT) and 2860 in extension of the move
As always, trade safe.
KOG
A bit of a dissapointing CPI even though it moved, it didn't break the range! So now we're back in the accumulation range with MA's surrounding the candles pending another breakout. We've near enough played the range box box yesterday and completed nearly all KOG's bias of the day and red box targets for the day, so not bad to end.
Now, we have support below 2890 and resistance at 2903 with range high at 2918. We would say as long as support can hold we will potentially see more upside to stretch out those traders targeting that wick.
Not much more to say team.
KOGs Bias of the day:
Bearish below 2910 with targets below 2885(HIT) and below that 2870(HIT)
Bullish on break of 2910 with targets above 2934, 2945 and above that 2947
RED BOXES:
Break above 2890 for 2895, 2902 and 2905 and 2912 in extension of the move
Break below 2980 for 2875(HIT) and 2867(HIT) and 2865(HIT) and 2860 in extension of the move
As always, trade safe.
KOG
Trade closed: target reached
Support held us well, nice move into the range high and target region. Let's see if we can get higher based on the daily bias and red boxes
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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.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🔵 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.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.