XAUUSD 1H - Levels

XAUUSD:
Date: 18/01/22

Price is moving as we analysed in the KOG report and on yesterdays summary. We would like this to break below this level to confirm this move though as staying around here still gives the market every opportunity to still push back up. Use the levels on the chart and as KOG always says, trade it level to level. If you're in from 1820 then protect that trade, don't remove all of it, its a good entry at the moment if this is to continue its journey down.

Support:
1810/1806-4/1800/1797-5/1785

Resistance:
1814/1820-22/1826/1828/1833

KOGs Bias for the day:
Bearish below 1820 with targets below 1810, 1806 and below that 1802

Bullish above 1820 with targets above 1824, 1827 and above that 1833

Summary:
We’re sticking to the plan on the KOG report where we were looking for the 1820ish level to hold as resistance.