End of day update from us here at KOG:
A very good end to the week on Gold with the level we wanted holding, the long into resistance working well and then the RIP from that level into the lower levels we wanted completing KOG's bias level targets for the day. We're now at a crucial level coming up to the close of the weekly candle and there is likely to be a late session fight for the close. Resistance now stands at the red box 3020-24 with support below at 3010 which may need a further push up into resistance to come back and break. In any case, we're done for the day and the week, no more gold trading into the close.
Wishing you all a great weekend ahead, and we'll see you on Sunday for the KOG Report and our view for the week ahead.
This week on gold below:
KOG’s bias for the week:
Bearish below 2995 with targets below 2970, 2965, 2955 and below that 2950
Bullish on break of 2995 with targets above 3003✅, 3006✅, 3010✅, 3016✅ and above that 3020✅
RED BOXES:
Break above 2995 for 2997✅, 3003✅, 3009✅, 3016✅ and 3021✅ in extension of the move
Break below 2980 for 2975, 2971, 2965, 2959, 2955 and 2945 in extension of the move
As always, trade safe.
KOG
A very good end to the week on Gold with the level we wanted holding, the long into resistance working well and then the RIP from that level into the lower levels we wanted completing KOG's bias level targets for the day. We're now at a crucial level coming up to the close of the weekly candle and there is likely to be a late session fight for the close. Resistance now stands at the red box 3020-24 with support below at 3010 which may need a further push up into resistance to come back and break. In any case, we're done for the day and the week, no more gold trading into the close.
Wishing you all a great weekend ahead, and we'll see you on Sunday for the KOG Report and our view for the week ahead.
This week on gold below:
KOG’s bias for the week:
Bearish below 2995 with targets below 2970, 2965, 2955 and below that 2950
Bullish on break of 2995 with targets above 3003✅, 3006✅, 3010✅, 3016✅ and above that 3020✅
RED BOXES:
Break above 2995 for 2997✅, 3003✅, 3009✅, 3016✅ and 3021✅ in extension of the move
Break below 2980 for 2975, 2971, 2965, 2959, 2955 and 2945 in extension of the move
As always, trade safe.
KOG
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🔴 TWITTER: twitter.com/knightsofgold2
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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.