End of day update from us here at KOG:
A good start to the week with the lower level holding as expected and giving us the tap and bounce for the longs which we wanted to target the 3330-35 level on. This is now completed and if preference is for higher, there is a higher hotspot which could be a possibility.
For the above reason, although we may get a RIP from around here it's on the flip with support now 3320, so the higher level is possible in the early session before a retracement which will be level to level for now, unless there is a clean reversal. If we hold that 3320-15 level it's very likely they will want to take this higher!
KOG’s bias of the week:
Bearish below 3336 with targets below 3306✅, 3299✅, 3297✅, 3285 and 3275
Bullish on break of 3336 with targets above 3345, 3350, 3355, 3367 and 3376
Red boxes:
Break above 3310 for 3320, 3332, if held above 3335, 3347 and 3362 in extension of the move
Break below 3306 for 3299✅, 3295✅, 3285, 3280 and 3264 in extension of the move
As always, trade safe.
KOG
A good start to the week with the lower level holding as expected and giving us the tap and bounce for the longs which we wanted to target the 3330-35 level on. This is now completed and if preference is for higher, there is a higher hotspot which could be a possibility.
For the above reason, although we may get a RIP from around here it's on the flip with support now 3320, so the higher level is possible in the early session before a retracement which will be level to level for now, unless there is a clean reversal. If we hold that 3320-15 level it's very likely they will want to take this higher!
KOG’s bias of the week:
Bearish below 3336 with targets below 3306✅, 3299✅, 3297✅, 3285 and 3275
Bullish on break of 3336 with targets above 3345, 3350, 3355, 3367 and 3376
Red boxes:
Break above 3310 for 3320, 3332, if held above 3335, 3347 and 3362 in extension of the move
Break below 3306 for 3299✅, 3295✅, 3285, 3280 and 3264 in extension of the move
As always, trade safe.
KOG
Trade closed: target reached
This trade was complete. We got our 3320 level on the pull back
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🔴 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.