Quick end of day updated from us here at KOG:
As per the KOG report we were expecting the price to open and push to the upside looking for the first resistance level of 1770-75 and above that 1780-85. The move up from the 1760 support gave traders a long opportunity of just over 100pips and the rejection from the resistance level shown on the KOG Report gave traders another 100pips approximately down. We can now see the price playing between the immediate levels awaiting a short term breakout! We will remain with the plan for now, with potential for the 1780-85 level and above that 1790-95 as possible long targets and the support region of 1760 and below that 1755 as the immediate short levels for now!
Illustrated is what we feel the potential move can be in the remainder of the session.
As always, trade safe.
KOG
As per the KOG report we were expecting the price to open and push to the upside looking for the first resistance level of 1770-75 and above that 1780-85. The move up from the 1760 support gave traders a long opportunity of just over 100pips and the rejection from the resistance level shown on the KOG Report gave traders another 100pips approximately down. We can now see the price playing between the immediate levels awaiting a short term breakout! We will remain with the plan for now, with potential for the 1780-85 level and above that 1790-95 as possible long targets and the support region of 1760 and below that 1755 as the immediate short levels for now!
Illustrated is what we feel the potential move can be in the remainder of the session.
As always, trade safe.
KOG
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🟡 Disclaimer: Not financial advice. For educational purposes only.
🔴 TWITTER: twitter.com/knightsofgold2
🟢 INSTAGRAM: www.instagram.com/knights_of_gold/
🟡 Disclaimer: Not financial advice. For educational purposes only.
