Monthly chart:
Our monthly chart showing another level that’s been ticked off. We have a level above on this chart and we’ve added another level below! We’re not saying that lower level is our target so please don’t let it confuse you. Its there for a reason which we will start focusing more on once we have a better idea of the what the next month or so hold.
Again, on this chart you can see the significance of the 1830-35 level and it being a potential target region for institutions. We’ve had a lot of bearish pressure on this chart which we have traded on the way down, we would love to see that 1830-35 get targeted, whether we get it or now remains to be seen. This level here is support which was an attempted resistance and failed so far. We are however in the middle of the range on this chart so it remains to be seen whether we establish a new range here or beak either side.
Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated.
As always, trade safe.
KOG
Our monthly chart showing another level that’s been ticked off. We have a level above on this chart and we’ve added another level below! We’re not saying that lower level is our target so please don’t let it confuse you. Its there for a reason which we will start focusing more on once we have a better idea of the what the next month or so hold.
Again, on this chart you can see the significance of the 1830-35 level and it being a potential target region for institutions. We’ve had a lot of bearish pressure on this chart which we have traded on the way down, we would love to see that 1830-35 get targeted, whether we get it or now remains to be seen. This level here is support which was an attempted resistance and failed so far. We are however in the middle of the range on this chart so it remains to be seen whether we establish a new range here or beak either side.
Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated.
As always, trade safe.
KOG
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🟡 Disclaimer: Not financial advice. For educational purposes only.
🔴 TWITTER: twitter.com/knightsofgold2
🟢 INSTAGRAM: www.instagram.com/knights_of_gold/
🟡 Disclaimer: Not financial advice. For educational purposes only.
