Gold Spot / U.S. Dollar
Updated

THE KOG REPORT - Update

2 467
End of day update form us here at KOG:

We'll stick with the FOMC plan where we wanted this to tap into that 3050-55 region and give us a potential RIP. After a few attempts at breaking it gold failed and gave us the move we wanted back down into the lower level where we protected and managed trades.

For now, due to the range and accumulation, we will keep an eye on the immediate levels and wait for Excalibur to confirm the direction. Until then, nice trade from above, another entry came from 3040 which was todays' bias below level completing at the red box. Friday tomorrow, so we'll take it easy and only if there is a decent set up will we get involved with Gold.

Todays super star trade was DOW and BTC.

As always, trade safe.

KOG
Trade closed: target reached
Target reached, RIP activated

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.