End of day update from us here at KOG:
A quieter day on the markets but still opportunities to be had for those who targeted the long into our circled region posted yesterday, and those who shorted from that region. We'll stick with the idea into the late session looking for price to retrace, ideally these trades are protected and managed from higher so you don't need to worry into the close.
Resistance stands at the 2990 level with support 2980 into the close. Let's wait and see how the daily and weekly close.
Wishing you all a great weekend and we'll see you on Sunday for the KOG Report and our view for the week ahead.
The week's targets shared with the wider community:
KOG’s Bias of the day:
Bullish above 2930 with targets above 2950✅, 2955✅ and 2957✅ above that
Bearish on break of 2930 with targets below 2920
RED BOXES:
Break above 2955 for 2957✅, 2960✅ and 2968✅ in extension of the move
Break below 2940 for 2935, 2931 and 2920 in extension of the move
KOG’s Bias for the week:
Bullish above 2898 with targets above 2920✅, 2934✅ and above that 2945✅
Bearish on break of 2898 with targets below 2895, 2880, 2874 and below that 2868
RED BOXES:
Break above 2916 for 2920✅, 2925✅, 2929✅, 2933✅ and 2941 in extension of the move
Break below 2900 for 2885, 2876, 2870 and 2868 in extension of the move
As always, trade safe.
KOG
A quieter day on the markets but still opportunities to be had for those who targeted the long into our circled region posted yesterday, and those who shorted from that region. We'll stick with the idea into the late session looking for price to retrace, ideally these trades are protected and managed from higher so you don't need to worry into the close.
Resistance stands at the 2990 level with support 2980 into the close. Let's wait and see how the daily and weekly close.
Wishing you all a great weekend and we'll see you on Sunday for the KOG Report and our view for the week ahead.
The week's targets shared with the wider community:
KOG’s Bias of the day:
Bullish above 2930 with targets above 2950✅, 2955✅ and 2957✅ above that
Bearish on break of 2930 with targets below 2920
RED BOXES:
Break above 2955 for 2957✅, 2960✅ and 2968✅ in extension of the move
Break below 2940 for 2935, 2931 and 2920 in extension of the move
KOG’s Bias for the week:
Bullish above 2898 with targets above 2920✅, 2934✅ and above that 2945✅
Bearish on break of 2898 with targets below 2895, 2880, 2874 and below that 2868
RED BOXES:
Break above 2916 for 2920✅, 2925✅, 2929✅, 2933✅ and 2941 in extension of the move
Break below 2900 for 2885, 2876, 2870 and 2868 in extension of the move
As always, trade safe.
KOG
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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.