Quick update to end the week from KOG.
We've completed a point to point move here on Gold from resistance down to support. We're looking to see where we close this evening on Gold as a daily close above the 1820 could keep us on the path towards that 1830-35 level. We would expect this to either bounce back up from here to settle in the 1820-25 range or a break of this support at 1816 could take us down towards the 1810 level.
Not a good idea to get into trades at this time on a Friday, best to wait for Monday now and assess on market open.
We'll be back on Sunday with the KOG report.
If you find our analysis and charts useful please do leave us a comment, a like and give us a follow.
As always, trade safe.
KOG
We've completed a point to point move here on Gold from resistance down to support. We're looking to see where we close this evening on Gold as a daily close above the 1820 could keep us on the path towards that 1830-35 level. We would expect this to either bounce back up from here to settle in the 1820-25 range or a break of this support at 1816 could take us down towards the 1810 level.
Not a good idea to get into trades at this time on a Friday, best to wait for Monday now and assess on market open.
We'll be back on Sunday with the KOG report.
If you find our analysis and charts useful please do leave us a comment, a like and give us a follow.
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.
