End of day update from us here at KOG:
An absolutely crazy day on the markets with Gold continuing the move it started and completing hopefully now at the extreme level we wanted on the KOG Report. Our indicators were screaming short, we obliged and then waited for the lower level to give us a 90pip bounce initially with the support still holding us up.
We now have support below at 3020-18 which if broken can take us down into 3010 for another potential RIP, otherwise, resistance here stands at the 3050-55 level which if targeted will need to break to go higher!
We're done for another successful week on the markets and will be back on Sunday for the KOG Report and our view for the week ahead.
Wishing you all a great weekend and as always, trade safe.
KOG's bias of the week:
Bullish above 3040 with targets above 3091✅, 3097✅, 3101✅ and above that 3110✅
Bearish on the break of 3040 with targets below 3035✅, 3027✅, 3020✅ and below that 3010
RED BOXES:
Break above 3095 for 3101✅, 3106✅, 3110✅ and 3120✅ in extension of the move
Break below 3077 for 3070✅, 3066✅ and 3055✅ in extension of the move
KOG
An absolutely crazy day on the markets with Gold continuing the move it started and completing hopefully now at the extreme level we wanted on the KOG Report. Our indicators were screaming short, we obliged and then waited for the lower level to give us a 90pip bounce initially with the support still holding us up.
We now have support below at 3020-18 which if broken can take us down into 3010 for another potential RIP, otherwise, resistance here stands at the 3050-55 level which if targeted will need to break to go higher!
We're done for another successful week on the markets and will be back on Sunday for the KOG Report and our view for the week ahead.
Wishing you all a great weekend and as always, trade safe.
KOG's bias of the week:
Bullish above 3040 with targets above 3091✅, 3097✅, 3101✅ and above that 3110✅
Bearish on the break of 3040 with targets below 3035✅, 3027✅, 3020✅ and below that 3010
RED BOXES:
Break above 3095 for 3101✅, 3106✅, 3110✅ and 3120✅ in extension of the move
Break below 3077 for 3070✅, 3066✅ and 3055✅ in extension of the move
KOG
🔵 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.