THE KOG REPORT - Update

End of day and week update from us here at KOG:

Wow, just wow! What a week on the markets with Gold playing a range that is sure to have made some traders very uncomfortable. We've done well on this precious metal this week managing to trade it within the range, then flip it up, then get a tap and bounce from the top to short it into the target level posted for the team and the public not just today, but the target we wanted on the KOG Report on Sunday!

An absolute blinder of a week not only on Gold, but all the other pairs we trade with our Oil trade giving traders a fantastic return.

So, what now?

We would say these lower levels of 2303-2297 are key here for the close! We gave this lower level as an extreme level where we would ideally long from but so far it's only given traders 100pips on the bounce. There is no clean reversal as yet so resistance now stands at 2310-15 which will need to break to go higher today! Anyone in from the low, would suggest your take what it gives or protect.

For now, that's us done for the day and the week. Wishing all our followers and members a fantastic weekend ahead, and we'll see you on Sunday for the KOG Report.

As always, trade safe.

KOG