End of day update from us here at KOG:
A quiet day on the markets compared to earlier in the week. The accumulation has began pending another breakout so it's a good idea to control your lots sizes in this region! There's support below around the 1810-08 level which needs to break for this to go lower, however, this resistance level seems to be holding strong at the moment so its a caution on longs up here, we'd like to see a deeper pullback or just let it go into the higher level if it wants to, we'll wait there for a reaction in price.
We'll remain with the same chart for now.
As always, trade safe.
A quiet day on the markets compared to earlier in the week. The accumulation has began pending another breakout so it's a good idea to control your lots sizes in this region! There's support below around the 1810-08 level which needs to break for this to go lower, however, this resistance level seems to be holding strong at the moment so its a caution on longs up here, we'd like to see a deeper pullback or just let it go into the higher level if it wants to, we'll wait there for a reaction in price.
We'll remain with the same chart for now.
As always, trade safe.
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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.
