THE KOG REPORT - Update

27 feb 2024

End of day update from us here at KOG:

Another choppy and ranging day on Gold only giving opportunities for the scalps in either direction. 2030, held earlier, we got 2039, just short of the 2040 bias level and then the accumulation again. It was suggested refrain from longing again as price was too choppy and the move, although short was nearly complete.

So now, we still have 2030 support and 2035 resistance (which just gave another opportunity to scalp) but that's it!

Potential move to come should we remain below the 2035 level, a choppy week ahead expected to close the month.

Range 2015 - 2045

As always, trade safe.

KOG

28 feb 2024

Trade chiuso: obiettivo raggiunto

BOOM!