THE KOG REPORT
KOG Report:
Brief KOG Report this week -
For this week as we’ll stick with the same bias as last week, which was bearish below, but we’re going to put a big caution on it for the early part of the week. We have the order region below with key level support being the 2035-38 region, where, if targeted and supported we feel will represent an opportunity to long the market back up towards the 2070 and above that 2075-80. This level (2075) is crucial for bears to monitor and bulls to attempt to break to the upside. as a reaction in price here is likely! Breaking this level will open up the higher pricing with the next key level above being 2090-95 so if we get the long and see aggression in the markets, it’s a good idea to hold on to a portion with an open TP.
On the flip, if we continue upside from the opening, we’ll be looking above at the 2075-80 and above that 2090 regions for exhaustion of price, before we attempt to target the immediate support levels below, which will be traded level to level for now.
Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated.
As always, trade safe.
KOG
Brief KOG Report this week -
For this week as we’ll stick with the same bias as last week, which was bearish below, but we’re going to put a big caution on it for the early part of the week. We have the order region below with key level support being the 2035-38 region, where, if targeted and supported we feel will represent an opportunity to long the market back up towards the 2070 and above that 2075-80. This level (2075) is crucial for bears to monitor and bulls to attempt to break to the upside. as a reaction in price here is likely! Breaking this level will open up the higher pricing with the next key level above being 2090-95 so if we get the long and see aggression in the markets, it’s a good idea to hold on to a portion with an open TP.
On the flip, if we continue upside from the opening, we’ll be looking above at the 2075-80 and above that 2090 regions for exhaustion of price, before we attempt to target the immediate support levels below, which will be traded level to level for now.
Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated.
As always, trade safe.
KOG
🔵 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.