THE KOG REPORT - NFP
Updated
THE KOG REPORT – NFP
This is our view for NFP, please do your own research and analysis to make an informed decision on the markets. It is not recommended you try to trade the event if you have less than 6 months trading experience and have a trusted risk strategy in place. The markets are extremely volatile, and these events can cause aggressive swings in price.
Simple one for this NFP as we’re going to be more of the observer rather than the trader unless again, we get those extreme levels that we want.
Key level here is 2670 which was our bias level earlier in the week, that is also now a resistance being attempting to break open. For that reason, we will wait to see if it breaks and look higher at the levels of 2675 and then step by step upwards following the path. We’ll be looking at the extreme level of 2710-20 for the exhaustion and the RIP to attempt the short trade.
On the flip, downside risk on the break of 2650 key level should take us in to the order region 2630-35 where we may get a slight reaction in price, but potentially only for the scalp. Breaking this level opens the door and we won’t be looking to long again until we target 2600-10.
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
This is our view for NFP, please do your own research and analysis to make an informed decision on the markets. It is not recommended you try to trade the event if you have less than 6 months trading experience and have a trusted risk strategy in place. The markets are extremely volatile, and these events can cause aggressive swings in price.
Simple one for this NFP as we’re going to be more of the observer rather than the trader unless again, we get those extreme levels that we want.
Key level here is 2670 which was our bias level earlier in the week, that is also now a resistance being attempting to break open. For that reason, we will wait to see if it breaks and look higher at the levels of 2675 and then step by step upwards following the path. We’ll be looking at the extreme level of 2710-20 for the exhaustion and the RIP to attempt the short trade.
On the flip, downside risk on the break of 2650 key level should take us in to the order region 2630-35 where we may get a slight reaction in price, but potentially only for the scalp. Breaking this level opens the door and we won’t be looking to long again until we target 2600-10.
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
Trade closed: target reached
Level worked well for the bounce, gave the RIP and we got the move into the 2650-55 level completed. 
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🔴 TWITTER: twitter.com/knightsofgold2
🟢 INSTAGRAM: instagram.com/knights_of_gold/
🟡 Disclaimer: Not financial advice. For educational purposes only.
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