End of day update from us here at KOG:
decent day on Gold with price hitting our higher target earlier where we then suggested we remove the bias for the day, as we could how resistance was holding within the range. We are still however within the range, with the low sitting at 2013-16, which needs to break to go lower and could also be a viable target level. We're still not happy with the price action, our weekly bias is still bearish, but one more hunt of liquidity from above 2030 is not out of the question.
For that reason, we have plotted the potential range for the coming session, with the low and the high to look for, with preference on level to level trading until we breakout and for a structure.
As always, trade safe.
KOG
decent day on Gold with price hitting our higher target earlier where we then suggested we remove the bias for the day, as we could how resistance was holding within the range. We are still however within the range, with the low sitting at 2013-16, which needs to break to go lower and could also be a viable target level. We're still not happy with the price action, our weekly bias is still bearish, but one more hunt of liquidity from above 2030 is not out of the question.
For that reason, we have plotted the potential range for the coming session, with the low and the high to look for, with preference on level to level trading until we breakout and for a structure.
As always, trade safe.
KOG
Trade closed: target reached:
BOOM!
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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.
