THE KOG REPORT - NFPThe KOG REPORT – NFP
This is our view for NFP, please do your own research and analysis to make an informed decision on the markets. It is not recommended you try to trade the event if you have less than 6 months trading experience and have a trusted risk strategy in place. The markets are extremely volatile, and these events can cause aggressive swings in price.
Quick on for this event, not really looking to trade it after the week we've had and it's probably wise others who have followed us this week don't either. Keep your money in your account!
We're sharing the levels instead that we feel they will want to target, and if they reject where traders may get the opportunity to long or short the market.
Upside levels - 2330-35 above that in extension of the move 2340-44, price needs to stay below otherwise we go higher.
Downside levels - 2250-55, price attempts this level an opportunity to long may be available. Breaking the level will give us the extension of the move 2230-35 before any RIPs.
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As always, trade safe.
KOG
Goldtarget
How High will Gold Rally Reach?How high will gold prices reach? They will rise in proportion to the U.S. debt.
Today, we will study the relationship between U.S. debt and gold prices during these periods. We will also explore how high gold prices might go and how soon they could reach these levels.
Micro Fold Futures
Ticker: MGC
Minimum fluctuation:
0.10 per troy ounce = $1.00
Disclaimer:
• What presented here is not a recommendation, please consult your licensed broker.
• Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.
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Get ready to take profits on GOLD - Take profit around 1740 Last week I advised a Long trade on GOLD that has worked perfectly. Even if Gold is a good long term play, we can expect downside pressure around 1740. There is around this level a weekly pivot, and resistance oblique level and the 161% fibonacci level (extension) of the previous move.