THE KOG REPORT - Update

10月9日

End of day update from us here at KOG:

A nice bounce from the KOG box giving traders the opportunity to long nearly pip perfect as per the path shown on the chart, we wanted a little higher but still an extremely fruitful move was presented. We we guided by the red boxes which enables traders to trade that level to level while we published the daily bias as bearish below. These target levels for the downside are still active, so we'll say look for potential movement into the level below and look for a potential minor RIP.

We wanted higher to short it but the bias level 2635 wasn't wanted by gold, so now we'll again have to go level to level, unless we get that retracement, which will probably be tomorrow.

Levels to watch - Resistance 2610 and 2615, Support 2603 and below that 2598

As always, trade safe.

KOG