THE KOG REPORT - Update

Updated
End of day update from us here at KOG:

Yesterday we wanted the price to attack support which we suggested, if held could give the bounce we wanted to go long into the higher levels. This worked extremely well for us completing 4 Gold targets above today and taking us into the region we wanted. We still have that level above which is sticking out so we'll stick with the plan for now and hold long trades from earlier today.

Support now turns to the 2420-17 region, which again could be a target level for any short trades IF we get a pullback in the coming session. Price needs to stay above here temporarily to complete the move upside so we can then look to swing this short again.

For now, planned and executed, almost pip perfect. We'll stick with it!

As always, trade safe.

KOG
Note
Nice bounce from the circled region following our path upside. Again, longs should be protected and managed.
Trade closed: target reached
BOOM
Supply and DemandSupport and ResistanceTrend Analysis

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