Quick update on the levels we're looking for for the move to complete for now. We have support 70-75 which was broken and targeted for our shorts, we're now looking for a retracement up to either short it again or we'll look lower to go long.
We'll give a more detailed overview later.
As always, trade safe.
KOG
We'll give a more detailed overview later.
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.
We're now here at psychological 50-55 where were were expecting a temporary bounce in price. We do now need to see how high they take it and it they break the resistance levels above, 1960-65 and above that 1970-75. 1970-75 is key level resistance which could be targeted in the early sessions and needs to RIP for us to go lower into the order region 1930-35. If you're still in the shorts, make sure you're managing your trades, and if you caught the bounce then make sure you manage it accordingly.