End of day update from us here at KOG:
Further to the KOG Report we wanted price to give us the dip to then long from the open following the bias level and target levels given. We had indications pre-open of the move to come and it gave traders a great opportunity to capture the trades from the Red box to red box levels, where there was also a small RIP for the short.
We now have support below 2875 which will need to break to go lower, with the immediate resistance level being 2890-95! RIPs may only be for scalps short at the moment as holding that support level should entail price moving a little higher! Let's see how we react at the level and close for the day.
KOG’s bias for the week:
Bullish above 2847 with targets above 2865✅, 2871✅, 2876✅, 2880✅ and above that 2904
Bearish below 2847 with targets below 2840, 2835, 2830 and below that 2810
RED BOXES:
Break above 2860 for 2865✅, 2872✅, 2874✅, 2885✅ and 2900 in extension of the move
Break below 2847 for 2840, 2836, 2831, 2823 and 2810 in extension of the move
As always, trade safe.
KOG
Further to the KOG Report we wanted price to give us the dip to then long from the open following the bias level and target levels given. We had indications pre-open of the move to come and it gave traders a great opportunity to capture the trades from the Red box to red box levels, where there was also a small RIP for the short.
We now have support below 2875 which will need to break to go lower, with the immediate resistance level being 2890-95! RIPs may only be for scalps short at the moment as holding that support level should entail price moving a little higher! Let's see how we react at the level and close for the day.
KOG’s bias for the week:
Bullish above 2847 with targets above 2865✅, 2871✅, 2876✅, 2880✅ and above that 2904
Bearish below 2847 with targets below 2840, 2835, 2830 and below that 2810
RED BOXES:
Break above 2860 for 2865✅, 2872✅, 2874✅, 2885✅ and 2900 in extension of the move
Break below 2847 for 2840, 2836, 2831, 2823 and 2810 in extension of the move
As always, trade safe.
KOG
Trade active
All bullish targets completed here. We wanted the pull back, got around 100pips on it and then closed out to continue long
🔵 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.
🔵 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.