A rare day for us today even though we got the level for the short from above, we activated again, and due to everything lining up confirming the short into the lower order region where we wanted to bounce, we took it. Gold, had other plans, engulfing upside…

End of day update from us here at KOG:

That was worth waiting for! We were expecting higher to then short this into the level we wanted, but as you can see, we had no red box break and our bias level was 3335. That resistance gave us an opportunity early…