THE KOG REPORT - Update
Updated
End of day update from us here at KOG:
What a week on Gold! We've managed once again to stay the right side of it and take advantage of the price breaking records and creating a new all time high! We pin pointed the entry levels and the target levels for our community completing our Excalibur targets.
Now we again have to play caution, as we can see potential for higher pricing, however, going long up here without a significant pullback is definitely not a good idea. For that reason, we have slightly modified the chart with the region above being added, this is where we feel there are potential opportunities to short the market, if these levels are visited in the coming sessions.
Otherwise, the flip, we would like to see this pullback into 2350-55 and then attempt to go higher if the above isn't complete.
Hope you've done well by following us and our bias this week, please do leave us a boost and a comment.
As always, trade safe.
KOG
What a week on Gold! We've managed once again to stay the right side of it and take advantage of the price breaking records and creating a new all time high! We pin pointed the entry levels and the target levels for our community completing our Excalibur targets.
Now we again have to play caution, as we can see potential for higher pricing, however, going long up here without a significant pullback is definitely not a good idea. For that reason, we have slightly modified the chart with the region above being added, this is where we feel there are potential opportunities to short the market, if these levels are visited in the coming sessions.
Otherwise, the flip, we would like to see this pullback into 2350-55 and then attempt to go higher if the above isn't complete.
Hope you've done well by following us and our bias this week, please do leave us a boost and a comment.
As always, trade safe.
KOG
Note
Level was tested, tapped and bounced short into support. Now support below 2450 holds us up, we go higher!
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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.
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