THE KOG REPORT - Update

2 gen

End of day update from us here at KOG:

Yesterday we wanted the pull back to go higher and said we would be looking for price to attempt the 2630-35 region with the extension of the move into the 2640-45 region before a potential RIP. Our Red boxes activated higher which we shared with the wider community giving a target of 2650 and our algo suggested 2660 so we continued to long.

Now, we have support below at the 2645 region and below that 2640. We're too high to attempt long, so we'll look at the level above during the session to come and a potential short opportunity will hopefully present itself.

Until then, a very decent opening on the markets.

KOG’s Bias for the week:

Bearish below 2640 with targets below 2610✅, 2604✅, 2596✅ and below that 2580
Bullish on break of 2640 with targets above 2655✅ and above that 2665❓

RED BOXES:

Break above 2625 for 2630✅, 2635✅ and 2638✅ in extension of the move
Break below 2613 for 2604✅ , 2597✅ , 2592 in extension of the move

Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated.

As always, trade safe.

KOG

As always, trade safe.

KOG

3 gen

Trade chiuso: obiettivo raggiunto

Nice move there from the resistance into the level we wanted. All short trades should be protected and managed as per the earlier announcement

7 giorni fa

Nota

Runners running, 2645 is what we wanted