End of day update from us here at KOG:
Quiet day on gold for a change which was much needed after the moves we've seen over the last couple of weeks. We wanted to see this move yesterday and long into those resistance levels which has worked well today giving a decent capture.
We now have support at the 3315 level which is circled and an area of interest above, which if supported could be a the potential move into the close/Asia session.
Preference now is on taking a back seat and waiting for this to break out of the range, then capture the next trade.
RED BOXES:
Break above 3335 for 3345, 3347, 3355 and 3367 in extension of the move
Break below 3320 for 3310, 3306, 3296, 3286 and 3380 in extension of the move
As always, trade safe.
KOG
Quiet day on gold for a change which was much needed after the moves we've seen over the last couple of weeks. We wanted to see this move yesterday and long into those resistance levels which has worked well today giving a decent capture.
We now have support at the 3315 level which is circled and an area of interest above, which if supported could be a the potential move into the close/Asia session.
Preference now is on taking a back seat and waiting for this to break out of the range, then capture the next trade.
RED BOXES:
Break above 3335 for 3345, 3347, 3355 and 3367 in extension of the move
Break below 3320 for 3310, 3306, 3296, 3286 and 3380 in extension of the move
As always, trade safe.
KOG
Trade closed: target reached
Target hit, red boxes completed. Done here for another successful week
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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.