Quick end of day update from us here at KOG:
Another day of ranging and MA's being brought together on the shorter time frames. This movement gave scalpers a good opportunity to trade this up and down within the levels but you can see what its doing! They're going to breakout at some point and then move the market again having got traders stuck in the range. We would suggest caution here and to wait for the break in either direction before you decide what to do. We've shown the levels on the chart so please add them together with the morning levels we've shared.
We'll stick with the plan on the KOG report for now with the higher resistance level being 1722-25.
As always, trade safe.
KOG
Another day of ranging and MA's being brought together on the shorter time frames. This movement gave scalpers a good opportunity to trade this up and down within the levels but you can see what its doing! They're going to breakout at some point and then move the market again having got traders stuck in the range. We would suggest caution here and to wait for the break in either direction before you decide what to do. We've shown the levels on the chart so please add them together with the morning levels we've shared.
We'll stick with the plan on the KOG report for now with the higher resistance level being 1722-25.
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.
