End of day update from us here at KOG:
A vey disappointing CPi which has only just started moving the market. Yesterday, we published the region we would be looking for for the pull back and then the long trade following the bias and the bias target levels. We've managed to complete most of the bias of the day targets and the weekly bias levels, however, it does look like gold wants more.
For that reason, we'll again look for the pullback into the circled region, we feel that would be a decent move for the sellers, and if we can support there and form a continuation, that high level looks decent during the sessions to come.
Price: 2920
KOG’s Bias of the day:
Bullish above 2900 with targets above 2925✅, 2930✅ and 2933✅ above that
Bearish on break of 2900 with targets below 2878
RED BOXES:
Break above 2930 for 2934✅, 2940✅ and 2945 in extension of the move
Break below 2916 for 2910✅, 2906✅ and 2893 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 vey disappointing CPi which has only just started moving the market. Yesterday, we published the region we would be looking for for the pull back and then the long trade following the bias and the bias target levels. We've managed to complete most of the bias of the day targets and the weekly bias levels, however, it does look like gold wants more.
For that reason, we'll again look for the pullback into the circled region, we feel that would be a decent move for the sellers, and if we can support there and form a continuation, that high level looks decent during the sessions to come.
Price: 2920
KOG’s Bias of the day:
Bullish above 2900 with targets above 2925✅, 2930✅ and 2933✅ above that
Bearish on break of 2900 with targets below 2878
RED BOXES:
Break above 2930 for 2934✅, 2940✅ and 2945 in extension of the move
Break below 2916 for 2910✅, 2906✅ and 2893 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
Trade closed: target reached
Target reached here all bias level targets completed
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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.