KOG REPORT:
In last week’s KOG Report we said we said the correction in gold was likely going to be profit taking and we were not ready to suggest it’s bearish as yet. We suggested that resistance may hold during the early part of the week and if it did, we felt the opportunity to short the market back down into 2330-35 and below that 2310-2295 would be...
THE KOG REPORT:
In last week’s KOG Report, what can we said during the early part of the week we wouldn’t be looking to long the market, instead, we would look for a high to form and then short the market back down in to 2230 and below that 2220. We got the short into the initial levels which is where we suggested during the week that traders take the trades and...
GOLD OANDA:XAUUSD - Mar. 25th, 2024
Weekly: Bullish
Daily: Bullish
4H: Bullish
BUY/LONG ZONE (GREEN): $2186.000 - $2280.000
DO NOT TRADE/DNT ZONE (WHITE): $2155.000 - $2186.000
SELL/SHORT ZONE (RED): $2072.000 - $2155.000
OANDA:XAUUSD had strong bullish momentum after breaking out of a previous range and is currently developing a new range at the top of the...
THE KOG REPORT:
In last week’s KOG Report, we said we would be sticking with the plan and gave the extreme level of 2193-5 which is where we expected there to be a RIP, and if held we would be looking to short the market back down into the 2150-55 levels and below that 2147. It was at these levels that we said we would be expecting another RIP with extension...
