End of week update from us here at KOG:
We've had another decent week on Gold this week, with us managing to carry the trade down in to the region shown on the KOG Report on Sunday, nearly pip perfect tap and bounce from support giving the long back up, and then the short again yesterday into the support level. Today, we suggested traders take it easy on Gold as we didn't want to get involved in the scraps and ranging price action, which was expected this morning.
As we stand now, and potentially into the close, we have support below 2150-55 which is holding price, but resistance 2167 needs to break to the upside to then attack the 2175-80 region.
We would like to wish all our followers a great weekend, we'll be back on Sunday with the KOG Report and our view for the week ahead.
As always, trade safe.
KOG
We've had another decent week on Gold this week, with us managing to carry the trade down in to the region shown on the KOG Report on Sunday, nearly pip perfect tap and bounce from support giving the long back up, and then the short again yesterday into the support level. Today, we suggested traders take it easy on Gold as we didn't want to get involved in the scraps and ranging price action, which was expected this morning.
As we stand now, and potentially into the close, we have support below 2150-55 which is holding price, but resistance 2167 needs to break to the upside to then attack the 2175-80 region.
We would like to wish all our followers a great weekend, we'll be back on Sunday with the KOG Report and our view for the week ahead.
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.
