THE KOG REPORT - Update

End of day update from us here at KOG:

Targets Complete!

Another aggressive day on Gold hardly giving any pullbacks before making the move to complete our targets for the bias level given yesterday. We wanted to see if pullback to give the entry, however, earlier identified the move to come so instead of waiting to short it, decided we'd post the long trade which gave us a phenomenal capture into our target levels completing all of them including Excalibur.

So now, we're still looking like we want higher, but this time we are definitely not going to be going long unless we get a decent pullback, otherwise let it go. There is an order region below sitting around the 2090-95 region which we feel needs a visit, so based on the level above holding we may see price pullback during the sessions to come.

Levels are on the chart as well as the potential move.

As always, trade safe.

KOG

Trade closed: target reached