We shared this post earlier in the year showing followers how we have been tracking and trading Gold over the year. Now we’re in the last trading day of the year we thought we would update it and show you an illustration of a majority of the KOG Report screenshots which have been shared for free on here to help traders stay the right side of the markets.
The easiest way to do it was to plot snapshots onto one chart positioned at every turning point and price region where we’ve suggested going long or short on Gold.
You will need to zoom out of the chart to get a clear view due to us not being able to fit it all in.
We want traders to see the importance of levels, especially the key levels and how the price reacts to them. These are clean charts, no MA’s, no indicators, no oscillators, just trends, support and resistance and key levels. Once you add some advanced analysis to this, our daily bias, Excalibur and the daily updates you can see how well you can trade naked charts.
As you can see we first suggested the bearish view from the highs and maintained this view all the way down into the 1680 region. Our KOG Reports and LEVEL to LEVEL trading system then suggested going long to catch the retracement before then catching the short again down into the lower 1600’s. This is where we said, start looking for the long trades to potentially target the 1800 region!
This has all been illustrated with weekly KOG Reports across major time frames and in-depth analysis shared for free with traders and followers of KOG. As it’s the last trading day of the year we just wanted to share this with you all and show you how powerful the KOG Reports can be in keeping you on the right side of the markets.
It takes a lot of work, time and effort as well as dedication to provide the analysis and some of you know we have been doing this a long time now, just to help new traders. Your likes, comments and follows are greatly appreciated.
We’d like to take this opportunity to thank all our followers over the last year and wish you all a Happy New Year. With your support may we continue to grow and provide traders with analysis and our thoughts on the markets for a long time to come.
As always, trade safe.
KOG