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)
Forwarded from Knights of Gold (Gold/FOREX Analysis/Trade ideas)
Forwarded from Knights of Gold (Gold/FOREX Analysis/Trade ideas)
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The KOG Report has been published. Please do support the free channel by hitting the like button on the idea for us 🙏
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XAUUSD - KOG REPORT! for FX:XAUUSD by KnightsofGold
KOG Report:
In last weeks KOG Report we said we would be looking for the support levels to hold to give an opportunity for the long trade before we then see a reaction in price. We then said we would be looking at the higher levels to confirm the resistance…
In last weeks KOG Report we said we would be looking for the support levels to hold to give an opportunity for the long trade before we then see a reaction in price. We then said we would be looking at the higher levels to confirm the resistance…