THE KOG REPORT - Update

7 วันที่ผ่านมา

End of day update from us here at KOG:

A decent end to the week with our plan working near perfectly, capturing the low, taking the move up and then managing to get a nice entry for the short to end the first trading week of the year. Bias levels worked well as well as the red boxes with nearly all targets completing.

We would now like to see a potential RIP around the lower support level unless broken, with resistance sitting at 2645-50. Unless we get a late session move, we may see some ranging into the close so for us, that's the week done and dusted.

KOG’s Bias for the week:

Bearish below 2640 with targets below 2610✅, 2604✅, 2596✅ and below that 2580
Bullish on break of 2640 with targets above 2655✅ and above that 2665✅

RED BOXES:

Break above 2625 for 2630✅, 2635✅ and 2638✅ in extension of the move
Break below 2613 for 2604✅ , 2597✅ , 2592 in extension of the move

Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated.

As always, trade safe.

KOG

We'll be back on Sunday with the KOG Report and our view for the week ahead.

Wishing you all a great weekend, as always, trade safe.

KOG