Camelot Friday today. I spend the day with the team as I find it more productive to just concentrate on one group.
β€7π₯1
No break above, RIP, RED BOX TAPPED, HOT SPOT below, too late to target that so I wouldn't even think about it unless in from higher up. See you on Sunday for the KOG Report
β€15
https://www.tradingview.com/chart/XAUUSD/zqRVDHBs-THE-KOG-REPORT/
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THE KOG REPORT for FX:XAUUSD by KnightsofGold
THE KOG REPORT:
In last weekβs KOG Report we gave the potential range and the hot spots, together with the path we expected price to play. We managed to get the move upside we wanted early part of the week, failed to breach the red box and managed to getβ¦
In last weekβs KOG Report we gave the potential range and the hot spots, together with the path we expected price to play. We managed to get the move upside we wanted early part of the week, failed to breach the red box and managed to getβ¦
β€11
https://www.tradingview.com/chart/XAUUSD/7LYdQqoQ-THE-KOG-REPORT-Weekly/
THE KOG REPORT (WEEKLY) has been published on Tradingview. Please support us and the free channel by hitting the like/boost π buttonπ on our Tradingview ideas
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THE KOG REPORT - Weekly for FX:XAUUSD by KnightsofGold
Weekly Chart:
Quick update on the weekly chart. As you can see, we hit the higher hot spot near enough giving the reversal, and what a reversal it was. We did say we would have to wait and see if the red box was breached and now it has. But, itβs alreadyβ¦
Quick update on the weekly chart. As you can see, we hit the higher hot spot near enough giving the reversal, and what a reversal it was. We did say we would have to wait and see if the red box was breached and now it has. But, itβs alreadyβ¦
β€9π₯2
Too much of a stretch here this session but we hit our lower hot spots and got a bounce. It was only 2-300pips compared to the move but that's not a bad start based on everything lining up. Unfortunately, both defence regions breached, no reversal signs and no confirmation, so we waited lower.
Support is now 4110 which is the level that needs to break while resistance 4290 needs to hold us down to attempt an undercut low. The moves are nasty, there is a big 4H wick being left, and at some point that will need filling. Looking at the Weekly, you can see we've hit the lower hot spot and target area and now we have a potential flip. We'll have to wait for the weekly candle to close to confirm.
Support is now 4110 which is the level that needs to break while resistance 4290 needs to hold us down to attempt an undercut low. The moves are nasty, there is a big 4H wick being left, and at some point that will need filling. Looking at the Weekly, you can see we've hit the lower hot spot and target area and now we have a potential flip. We'll have to wait for the weekly candle to close to confirm.
π₯12β€9π€©1
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β€10
Support now 4350 needs to hold us to go higher, resistance 4430 if broken above, we should complete the move.
β€11π3