THE KOG REPORT - Update
Updated
End of day update from us here at KOG:
Not a bad day at all on Gold today with price hitting all 3 of our hotspots, completing the Excalibur targets to the downside, and then the hotspot and red boxes giving us the RIP we wanted to go long to complete the higher target. Although we didn't anticipate lower, the red boxes were just not agreeing to go long as suggested.
Now, we're on the flip again, with support below at the 2550-55 level which needs to hold us up to then target the 2580-85 region as illustrated on the chart. We're not discounting another move down, however, we would like this to go a little higher before then coming back down.
As always, trade safe.
KOG
Not a bad day at all on Gold today with price hitting all 3 of our hotspots, completing the Excalibur targets to the downside, and then the hotspot and red boxes giving us the RIP we wanted to go long to complete the higher target. Although we didn't anticipate lower, the red boxes were just not agreeing to go long as suggested.
Now, we're on the flip again, with support below at the 2550-55 level which needs to hold us up to then target the 2580-85 region as illustrated on the chart. We're not discounting another move down, however, we would like this to go a little higher before then coming back down.
As always, trade safe.
KOG
Trade active
That level we wanted for the low was tapped and bounced giving a nice long. These long trades should be protected and managed. Nothing more we can do apart from enjoy the rest of the day in blues
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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.
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