"Think like retail, trade like the bank" KOG
End of day update from us here at KOG:
Typical pre-event price action now in play with the price starting to range and spiking up and down. We should start seeing this settle after the Asia session and see price stay close to the MA's, unless there is some news to drive it.
We'll stick with the plan for now looking for the lower support level to test the long trade based on the price action when and if we get there. For now, we're still bullish above completing the 2030 target we had but won't be going long up here.
4H chart shows the potential range for the rest of the week.
Typical pre-event price action now in play with the price starting to range and spiking up and down. We should start seeing this settle after the Asia session and see price stay close to the MA's, unless there is some news to drive it.
We'll stick with the plan for now looking for the lower support level to test the long trade based on the price action when and if we get there. For now, we're still bullish above completing the 2030 target we had but won't be going long up here.
4H chart shows the potential range for the rest of the week.
Forwarded from Knights of Gold (Gold/FOREX Analysis/Trade ideas)
Forwarded from Knights of Gold (Gold/FOREX Analysis/Trade ideas)