Daily Chart:

This is the daily chart we have been following for the last few months which has worked well for us. Again, here we can see support just below with an opening up into that 1725-35 level and above that 1745-50. This is based on the support holding below, breaking the level below will result in a retest of the low, but this time it may not hold. The circle on the chart is the area of interest for us, below this level a shorting opportunity could arise.

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As always, trade safe.

KOG
Supply and DemandSupport and ResistanceTrend Analysis

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