KOG Report:

09/10/22

In last weeks KOG Report we said we would be remaining bearish and would be expecting a small run at some point to break above the 1700 level short term. We suggested caution as there were signs of a bullish reversal on price so shorts…

Daily Chart:

Support levels below are the 1670-75 regions and the 1660-65 regions. Price needs to remain above the 1660 price point to go higher, a break and close there and our weekly bearish targets could be a possibility. Ideally, we want higher in…

Weekly chart:

We’re sharing this chart regularly to show you the key weekly levels and how we’re tracking the price on a weekly chart. As you can see, the circled area we plotted last week was hit and the price is now just closed below the 1706 level. …

Monthly Chart:

Sharing this chart for reference. We’ve added a new identified level to this chart which is sitting around the 1590 price region. Please have a look at the shorter time frame charts and analysis to give you an idea of our thoughts and plans.…

End of day update from us here at KOG:

As we suggested we were going to follow the NFP chart and look for the lower level to be completed, which have seen. We would expect a retest at some point and a move to the upside, however, the immediate resistance…