THE KOG REPORT: In last week’s KOG Report we gave the resistance levels above and said if they held, we would see an opportunity to attack the support levels of 2470-75. It’s that support level we wanted to the long trades up into the 2520 and above that 2530 levels for the week. We gave KOG’s bias of the week and bullish above with target levels 2510...
THE KOG REPORT: In last week’s KOG Report we said we would be looking for that lower support level of 2420-25 to target, and if it held we felt the opportunity to long into the 2450-55 region and the extension of the move into the 2465-8 price points would be available. We got that move almost to the pip from the open, completing the move in the early part of...
THE KOG REPORT: In last week’s KOG Report we said if we saw price attempt the order region resistance above 2450-55 and held, we say an opportunity to short the market back down into the 2430 level, and if broken the extreme level of 2407-10 which is what we wanted to target initially. Ideally, we wanted the long trade to come from there, however, our bias...
Here is my latest structure analysis and key levels for Gold. Horizontal Key Levels Support 1: 2015 - 2019 area Support 2: 1973 - 1979 area Support 3: 1931 - 1938 area Resistance 1: 2077 - 2088 area Resistance 2: 2143 - 2148 area Vertical Structures Vertical Support 1: Falling trend line Vertical Resistance 1: Falling trend line The market is currently...