We didn't trade it yesterday even though we had a target activate above. This gave us an indication of higher pricing slightly above that 2375 resistance level which we had circled as potential. This morning however, we got a beautiful Tap and Bounce from resistance and the target level giving a wonderful short trade into the circled area on interest.
For now, that's us done on Gold for the week. It's NFP today and it's very likely they're going to slip traders up today, levels are levels, but the volume will entail only extreme levels holding price. After a 300pip moves they will most likely settle around this region pre-event and then start the accumulation which, most traders will try and catch tops and bottoms in. Trust us, it's not worth it team! We're going to publish the NFP Report later, but after another successful week, we're not touching the markets until Monday.
Targets are still posted as a guide. Recommendation is to hide your buy/sell buttons and enjoy your Friday. The trade comes after the event, next week we'll get some more great opportunities
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Day in day out, same thing HIT HIT HIT. Done for the day and week, see you on Sunday for the KOG Report. Wishing you all a great weekend ahead. Please don't forget to hit like/boost on the Tradingview ideas. KOG