End of day update from us here at KOG: Yesterday we said we would be looking for the pull back into the lower support regions in order to long again and attempt the outstanding target in Gold 2779 and 2780. Both these targets are now complete but we didn't get the entries that we wanted for them. Instead, we had to switch to the red box indicator which gave us...
THE KOG REPORT: In last week’s KOG Report we said we wouldn’t be looking to long for the early part of the week, instead gave the path moving up into the 2727 and 2742 price targets where we wanted to attempt the short. This worked well during the early part of the week, but we didn’t get to complete the move, instead our red boxes kicked in and we continued to...
End of day update from us here at KOG: Yesterday we said we would continue with the plan and look to complete our targets which has worked well today. Our red boxes performed well as well as our bias bearish below level which gave the tap and bounce from 2771, we wanted 2770. Targets completed today: 2755, 2762, 2768 This leaves us with one target level...
End of day update from us here at KOG: We wanted price to reject the high and give us the short into the red box defence during the early session levels 2730-35. We did get that move but it was achieved via the gap on open giving traders a couple of opportunities to take the long trade from the level following the path. We're yet to complete the first bullish...
Red Boxes: Break above 2755 for 2762, 2768, 2780 Break below 2742 for 2732, 2720, 2709 Many of us sit and wait for the perfect entry, I can tell you, unless you're scalping, this hardly ever happens. The key to get an entry is identifying your target region first! Once you have identified that target region, then start looking not for a precise entry, but a...
End of day update from us here at KOG: It's been a decent week on the markets but it's been extremely difficult for traders to hold their positions for the long run. Yesterday we wanted that resistance level to hold giving us the move down, we completed 1 target but left one behind after breaking even. We're now looking like we want to attack the 2745 region...
End of day update from us here at KOG: Yesterday we said we would be looking to long from the lows up into the order region 2730-35 which gave us a decent trade early session. We then gave KOG's bias of the day as bullish above and achieved our Excalibur target but fell just short of the 2745 target level that we wanted. We're now at support 2730 which looks to...
End of day update from us here at KOG: Another aggressive day on the Gold with price giving the retracement traders wanted but not before the stretch! Yesterday we gave the circled regions and suggesting watching them for reactions in price. The first level 2650-55 held with a limited upside giving the move downside. We had also switched our bias today with...
End of day update from us here at KOG: Yesterday we suggested traders protect and manage their short trades as there were signs of price attempting the retest of the high. We also had a bias level target this morning of 2740 and above that 2745 which are both now complete. Again, we don't want to long here so we've circled potential RIP zones above which are...
End of day update from us here at KOG: Quite pleased with the outcome of today, the levels held well, the red boxes worked well, KOG's bias also worked well and on top of that the red box target worked well! We got a reaction after completing the bullish target and we're now sitting 2720 support which is holding us up. We would suggest those short protect and...
KOG’s bias for the week: Bullish above 2685 with targets 2727 and above that 2742 Bearish on break of 2685 with targets below 2665 Red boxes: Break above 2730 for 2739 and 2745 in extension of the move Break below 2720 for 2710 and 2695 in extension of the move As always, trade safe. KOG
THE KOG REPORT: In last week’s KOG Report we said we would be looking for two moves, either to short it from higher up or, to go long from extreme support and the red box level. We gave the bias as bullish above 2635 with targets 2670 and above that 2675 which were achieved. We then gave a target level of 2702 where we wanted price to attempt a reaction, which...
End of week update from us here at KOG: I can honestly say it's been a difficult week for traders, the price action hasn't been great and it's been extremely choppy. We have however managed to navigate our way up and down with Gold tracking and trading it with Excalibur and the Red boxes. We've ended early session with the attack on that 2702-5 region where we...
End of day update from us here at KOG: Pretty decent day with the red boxes working well together with the bias level giving us the short. We then told traders not to attempt the level again as we had a target activate above, which has now been completed. We're now at a major level with 2700 a whisker away, for that reason we will remain on the side lines and...
End of day update from KOG: Yesterday we were looking for support to hold for higher pricing, which it did. We had the bias target level 2670 and above that 2685 which are both now completed. The red boxes gave perfect entry exit trades following the bias which allowed our traders to make the most of the frustrating movement. Now, similar to yesterday, we have...
Red boxes suggested buying above 2566 with target level 2675 and 2680. Todays bias: Bullish above 2645 with targets 2685 Bearish below 2645 with target below 2634 As always, trade safe. KOG
End of day update from us here at KOG: A very choppy day today but we managed to get the bounce for the long, a scalp short and then the bias level stayed in tact completing the 2665 target level. For now, we would say look for support below, which should be attempted for anyone who is in short, if we hold that level we'll likely retest this high. We're still...
End of day update from us here at KOG: A choppy open to the week however we did hit the first target on open, then bounced into the entry region for the short, and managed to come down again into the target region. This is now a support level which is holding, with resistance above at the 2655 level which, if held over the coming session should complete the move...