End of day update from us here at KOG:
Not a bad day at all on the markets with gold holding the 3345-50 support level and giving the push upside as we wanted. We managed to complete our Excalibur targets and hit the ideal target level which was share in the NFP KOG report to complete the move.
Now, we need to play a little caution here as we have bounced the red box box as anticipated and a small RIP is in progress. Support stands at the 3364 level with resistance above 3377. We'll expect there to be a hunt above so lets make sure to protect and manage.
KOG’s bias for the week:
Bullish above 3340 with targets above 3370✅, 3373✅, 3379✅ and above that 3384✅
Bearish on break of 3340 with targets below 3330, 3320 and below that 3310
RED BOXES:
Break above 3365 for 3372✅, 3375✅, 3379✅, 3384✅ and 3390 in extension of the move
Break below 3350 for 3346, 3340, 3335 and 3330 in extension of the move
As always, trade safe.
KOG
Not a bad day at all on the markets with gold holding the 3345-50 support level and giving the push upside as we wanted. We managed to complete our Excalibur targets and hit the ideal target level which was share in the NFP KOG report to complete the move.
Now, we need to play a little caution here as we have bounced the red box box as anticipated and a small RIP is in progress. Support stands at the 3364 level with resistance above 3377. We'll expect there to be a hunt above so lets make sure to protect and manage.
KOG’s bias for the week:
Bullish above 3340 with targets above 3370✅, 3373✅, 3379✅ and above that 3384✅
Bearish on break of 3340 with targets below 3330, 3320 and below that 3310
RED BOXES:
Break above 3365 for 3372✅, 3375✅, 3379✅, 3384✅ and 3390 in extension of the move
Break below 3350 for 3346, 3340, 3335 and 3330 in extension of the move
As always, trade safe.
KOG
Trade active
Moving well here, protected and managed
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🟡 Disclaimer: Not financial advice. For educational purposes only.
🔴 TWITTER: twitter.com/knightsofgold2
🟢 INSTAGRAM: instagram.com/knights_of_gold/
🟡 Disclaimer: Not financial advice. For educational purposes only.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🔵 FREE TELEGRAM CHANNEL: t.me/KnightsofGold
🔴 TWITTER: twitter.com/knightsofgold2
🟢 INSTAGRAM: instagram.com/knights_of_gold/
🟡 Disclaimer: Not financial advice. For educational purposes only.
🔴 TWITTER: twitter.com/knightsofgold2
🟢 INSTAGRAM: instagram.com/knights_of_gold/
🟡 Disclaimer: Not financial advice. For educational purposes only.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.