THE KOG REPORT - UpdateEnd of day update from us here at KOG:
I can't say that was a bad day or week. We got the move from 3310 into our Excalibur target level 3332 and then started looking for a potential reversal. Gold, again, had other plans and just continued to activate Excalibur after Excalibur higher combined with the red box break and close, so all we could do as mentioned in the earlier post, is call it a week early.
For now, we have support at the 3350-45 level with resistance here at 3370. I don't think they will want to leave a wick on that 4H, so let's expect a potential retest of resistance.
The week in Camelot:
RED BOX TARGETS:
Break above 3350 for 3355✅, 3360✅, 3362✅, 3365✅, 3374, 3388 and 3396 in extension of the move
Break below 3335 for 3331✅, 3324✅, 3321✅, 3310✅, 3306✅ and 3293✅ in extension of the move
Wising you all a great weekend,
As always, trade safe.
KOG
