THE KOG REPORT - Update

Updated
End of day update from us here at KOG:

Yesterday we were looking for longs only from the support level below initially into the 2410 region. This level was achieved early session and gave a rejection forcing price back into the lower support which also gave a temporary bounce, but nothing significant.

We'll stick with the same set up for now, potentially looking for that lower region tomorrow to be attempted before then another RIP.

Support stands at 2385 with resistance the 2405 which will need to break to go higher into the 2410 and above that 2420 price region. Still we're too low to short as the turn can be aggressive so look at the levels below to give the tap and bounces.

Not much more to report, quiet day, nice move early session, after that, too much of a mess to get involved in.

As always, trade safe.

KOG
Trade closed: target reached
Our first two targets have completed with one remaining. Resistance here at 2407 with support 2400 and below that 2395 which will need to break
Supply and DemandSupport and Resistance

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