Daily Chart:

We’re going to stay with the same chart we have been using for most of this year, we’ve tracked and followed price quite well here as you can see from the arrows on the chart, which have remained unchanged!

The higher level we wanted gave us a TAP AND BOUNCE, however, as you can see we got a retest on the level before another reaction in price. What we want to see now is that lower target completed by the end of the year, and what type of reaction in price we get there. It’s been level to level all the way but now we’re coming towards the end of the year, let’s become observers and see how these long term charts close out.

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As always, trade safe.

KOG
Supply and DemandSupport and ResistanceTrend Analysis

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