End of day update from us here at KOG:
Yesterday we suggested looking for the high to hold in the Asian session for a move downside into support before the move again to target the highs. We gave the levels 2104. 2110 and the extension of the move into the 2224 price region. All these targets are now completed as well as our Excalibur targets. Hope you all benefitted from the analysis given!
So, what now?
It's bank holiday in the UK so we have a long weekend. We will be taking it easy on the markets, not looking to enter any gold trades unless we get an extremely decent setup, even then it's suggested we wait for the monthly and weekly candles to close and re-visit the charts on Sunday for the KOG Report. In either case, a slightly different update, instead we have plotted the levels for you with the circles representing our hotspots. We would like to see some form of pullback with support regions 2220 and below that 2216. A range up here can be expected and a nice signal for reversal would be ideal. Going long up here even though we're open for higher pricing is not a great idea.
As always, trade safe.
KOG
Yesterday we suggested looking for the high to hold in the Asian session for a move downside into support before the move again to target the highs. We gave the levels 2104. 2110 and the extension of the move into the 2224 price region. All these targets are now completed as well as our Excalibur targets. Hope you all benefitted from the analysis given!
So, what now?
It's bank holiday in the UK so we have a long weekend. We will be taking it easy on the markets, not looking to enter any gold trades unless we get an extremely decent setup, even then it's suggested we wait for the monthly and weekly candles to close and re-visit the charts on Sunday for the KOG Report. In either case, a slightly different update, instead we have plotted the levels for you with the circles representing our hotspots. We would like to see some form of pullback with support regions 2220 and below that 2216. A range up here can be expected and a nice signal for reversal would be ideal. Going long up here even though we're open for higher pricing is not a great idea.
As always, trade safe.
KOG
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🟡 Disclaimer: Not financial advice. For educational purposes only.
🔴 TWITTER: twitter.com/knightsofgold2
🟢 INSTAGRAM: www.instagram.com/knights_of_gold/
🟡 Disclaimer: Not financial advice. For educational purposes only.
