End of day update from us here at KOG:
Yesterday we said we could see higher pricing but would like to see the short completed into the 2395 region at least, before then looking for a RIP! The early session move worked well and in all honesty, that we suggested was enough to complete a fantastic week in Camelot. Those however who wanted to take the long, also have a decent entry level which should now be protected before close or exited ready for a fresh new week.
Now we have support below 2405-3 which is an important level to hold price, and unless broken we would imagine this to attempt to complete the move upside into the 2420 and above that 2430 region. There looks to be a late session move on the cards so please trade with caution but for us, that's the end of the week.
Wishing you all a great weekend and we'll see you on Sunday for the KOG Report.
As always, trade safe.
KOG