THE KOG REPORT - Update

10. Okt.

End of day update from us here at KOG:

We've had a decent move again on gold with the spike down hitting the level we wanted, then the move up on the red boxes hitting our Excalibur target level, the bias level and the trade level we posted for our members. CPI played well not only on Gold, but the other targets we had have completed as well giving us an enormous capture for the day.

Now, ideally we would like to see the move illustrated on the chart but only so that we can short it again from higher up. The levels are worth testing on the red boxes if you want to long, but our bias level is still in tact, which is concerning at the moment.

So, support below 2620-16 needs to hold us up to target the 2635 level, 2640-45 is what we want to see reject the price to attempt that swing short again.

As always. trade safe.

KOG

11. Okt.

Trade geschlossen: Ziel wurde erreicht

Perfect tap and bounce from support giving the long trade. We then got a red box entry level to level for the short. Resistance now 2645 with support 2635 which will need to break. News later is bound to bring volume