Yesterday we didn't have time to put together a report but we mentioned we wouldn't be looking for that lower level unless there was a red box indication. We managed to completed all the bullish targets thankfully price continued higher with no indication of a reversal until early session today, when we tapped that lower target region and bounced.
β€14
Support now stands at 3530 with resistance 3555 which need to break. Potential here for ranging and after the NY session we should see price settle for pre-event price action.
β€12π₯9
Going to call it a day here. NFP tomorrow, so let's take it easy and we'll put a plan together for tomorrows play.
β€8
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THE KOG REPORT - NFP for FX:XAUUSD by KnightsofGold
THE KOG REPORT β NFP
This is our view for NFP, please do your own research and analysis to make an informed decision on the markets. It is not recommended you try to trade the event if you have less than 6 months trading experience and have a trusted riskβ¦
This is our view for NFP, please do your own research and analysis to make an informed decision on the markets. It is not recommended you try to trade the event if you have less than 6 months trading experience and have a trusted riskβ¦
β€16
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Forwarded from Knights of Gold (Gold/FOREX Analysis/Trade ideas)
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KOG https://www.tradingview.com/chart/XAUUSD/FKbzeWGO-THE-KOG-REPORT-NFP-Update/
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THE KOG REPORT - NFP Update for FX:XAUUSD by KnightsofGold
End of day update from us here at KOG:
We published the NFP report earlier together with the red boxes and the targets above the key level which as you can see have worked very well today. We're not approaching the final destination but we're too high forβ¦
We published the NFP report earlier together with the red boxes and the targets above the key level which as you can see have worked very well today. We're not approaching the final destination but we're too high forβ¦
β€14
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THE KOG REPORT for FX:XAUUSD by KnightsofGold
THE KOG REPORT:
In last weekβs KOG report we said we would be watching the open for a support level to form below and price to attempt the red box, which worked well. Itβs that red box we said needed to be watched for the break, which if happened wouldβ¦
In last weekβs KOG report we said we would be watching the open for a support level to form below and price to attempt the red box, which worked well. Itβs that red box we said needed to be watched for the break, which if happened wouldβ¦
π11β€8π3π₯1