Just in case and for clarity. That move there on the green arrow has already happened and completed. I just left the arrow where it was

Anything that isn't ticked ✅ SL it! Still smashed Gold better than any other group. Going to spend tomorrow concentrating on the analysis and plan for Jackson Hole so this group might be limited. KOG

First part of the move is complete with the pull back into the red box which worked well from the open. Support here is the 3333 level with resistance 3347 while we play the range in the calm.

Quick update:

Liquidity indicators are suggesting a lower low on the way while the red box is broken. As we mentioned in yesterdays report, we were not discounting an undercut hence we are protected. Support here stands at the 3315-20 region while resistance is 3335 which will need to break above. You can see thin volume now pre-event (Powell Speech) 15:00 UK time. Jackson Hole is in progress, and no reporters are allowed inside, so what ever he comes out and says it likely to move the markets.

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It's been a pleasure helping you all and sharing my thoughts and targets. It's Camelot Friday so we'll concentrate on tidying up and closing off positions for a new week ahead. We'll see you on Sunday for the KOG Report.

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There's the undercut pin point on the red box

I think we can call it a day and week here. See you on Sunday for the KOG Report, have a good weekend and don't forget to give us a BOOST on our Tradingview ideas please. ❤️

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