THE KOG REPORT - Update

٣٠ أغسطس

End of day update from us here at KOG:

An interesting week on gold with mostly range bound trading which made it difficult to complete the plan for the higher level. We did however get the move up, then down and the up again just like we wanted in Sunday's KOG report. We also managed to identify that mid-week swoop of the low which gave us better entries for the long trades. Today, we suggested traders take what they can and protect their trades expecting this to make a move.

All in we've complete a phenomenal amount of targets across over 30 different pairs this month with Gold being outstanding.

Now we're closing with support at 2495 which could give a temporary bounce unless broken which will flip us into 2510 resistance. Below sits 2480-85 which is what we wanted earlier in the week so we would say keep an eye on that level.

Wishing you all a great weekend.

As always, trade safe.

KOG