THE KOG REPORT - Update

End of day update from us here at KOG:

Yesterday we wanted price to attempt the resistance, hold and then come back down into the highlighted region, this worked extremely well for us giving a nice capture. We then suggested not shorting and following the bias target levels which was bullish above with targets 2612 and 2620. We achieved 2612 but await 2620!

We have CPI tomorrow so we can expect the usual pre-event price action now, choppy and whipsawing range with support sitting at 2595 and resistance now on the flip at 2625.

We're going to come back tomorrow and prepare for CPI.

As always, trade safe.

KOG