End of day update from us here at KOG:

Please read, don't just look at the illustration!

So far we've gone up into the region for a short, got the region for the long but that resistance level is holding strong at the moment making it difficult for traders to hold their trades. We expected this range yesterday 2515 resistance to 2500-5 support which has given numerous entries for scalps but now we need to play caution. With volume expected tomorrow, we are not discounting a move into that lower support region 2480-85 so as mentioned before, please don't trade mid-range.

Not much more to report from us, lets wait and see what tomorrow brings.

As always, trade safe.

KOG
Note
End of day update:

Quick update from us here at KOG:

We wanted the swoop of the low which we got, we wanted another yesterday which we didn't get. We did however manage to plan the trades completing 2 of our targets upside with one about to complete now. We're sticking with the plan for now, if we complete the upside move we'll only look to short it if it's clean, otherwise we'll leave it for next week.

Support 2520 key level needs to hold us up to complete the move.

As always, trade safe.

KOG
Supply and DemandSupport and ResistanceTrend Analysis

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