THE KOG REPORT - Update

Od KnightsofGold
Zaktualizowano
End of day update from us here at KOG:

Yesterday we said we'll continue with the plan and look for the levels below to hold up price in order to continue going long, this has worked well completing two targets so far.

Now we have support below at the 2401 level which needs to hold up price with resistance 2410. As long as we hold below we feel the opportunity is still there to target that 2413-15 region with the extension of the move into the 2430-35.

We still want to short it again, but we want to see a confirmed move, we feel that will come from higher up.

As it stands, a great day on the markets, we're still in long looking a little higher.

As always, trade safe.

KOG
Komentarz
Target region hit, support now stands at 2410 and below that 2406, resistance 2430
Komentarz
Our target levels are completed here, we'll leave a runner but wait for now. Key level resistance is above 2435-8 which is also the bias level
Supply and DemandSupport and ResistanceTrend Analysis
KnightsofGold
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