THE KOG REPORT - Update
Updated
Quick update for market open tomorrow:
We were looking for the move upside on the Monday initially wanting the 2610-15 level but exceeded the resistance giving us a nice capture. We're now above 2610 as the key level so we'll be looking for support to hold us up around the red box region for an attempt at the 2630-35 order region with the possibility of slightly higher before a RIP. We'll maintain that 2640-45 level as our bias level for now.
KOG’s Bias for the week:
Bearish below 2640 with targets below 2610✅, 2604✅, 2596✅ and below that 2580
Bullish on break of 2640 with targets above 2655 and above that 2665
RED BOXES:
Break above 2625 for 2630, 2635 and 2638 in extension of the move
Break below 2613 for 2604✅ , 2597✅ , 2592 in extension of the move
Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated.
As always, trade safe.
KOG
We were looking for the move upside on the Monday initially wanting the 2610-15 level but exceeded the resistance giving us a nice capture. We're now above 2610 as the key level so we'll be looking for support to hold us up around the red box region for an attempt at the 2630-35 order region with the possibility of slightly higher before a RIP. We'll maintain that 2640-45 level as our bias level for now.
KOG’s Bias for the week:
Bearish below 2640 with targets below 2610✅, 2604✅, 2596✅ and below that 2580
Bullish on break of 2640 with targets above 2655 and above that 2665
RED BOXES:
Break above 2625 for 2630, 2635 and 2638 in extension of the move
Break below 2613 for 2604✅ , 2597✅ , 2592 in extension of the move
Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated.
As always, trade safe.
KOG
Trade closed: target reached
Not much of a pull back, the opportunity was there on the boxes, target completed
🔵 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.