End of day update from us here at KOG:
Not a bad Monday at all! Hotspots worked well giving us pin point entries not only for the Excalibur targets but also the long scalp earlier in the session. We've tapped and bounced the level as expected into the order region where price is stalling at the moment. This now turns the 2016 level into a support, and if held we should see a move upside in the early sessions targeting the 2020-25 region where price may settle pre-event. On the flip, we're still seeing a bit lower as there is a hotspot waiting from last week's hourly which was shared. Keep an eye on that 2010-08 level as per this morning's review, it's important to hold for bulls to take this upside otherwise we'll stick to the plan for now and follow the path.
As always, trade safe.
KOG
Not a bad Monday at all! Hotspots worked well giving us pin point entries not only for the Excalibur targets but also the long scalp earlier in the session. We've tapped and bounced the level as expected into the order region where price is stalling at the moment. This now turns the 2016 level into a support, and if held we should see a move upside in the early sessions targeting the 2020-25 region where price may settle pre-event. On the flip, we're still seeing a bit lower as there is a hotspot waiting from last week's hourly which was shared. Keep an eye on that 2010-08 level as per this morning's review, it's important to hold for bulls to take this upside otherwise we'll stick to the plan for now and follow the path.
As always, trade safe.
KOG
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🔴 TWITTER: twitter.com/knightsofgold2
🟢 INSTAGRAM: www.instagram.com/knights_of_gold/
🟡 Disclaimer: Not financial advice. For educational purposes only.
