THE KOG REPORT - Update:

End of day update from us here at KOG:

In yesterdays update we said we would be looking for a deeper move into that 2005-8 region as a target as long as price stayed under the flipped resistance level. So, we've seen some move on Gold completing the Excalibur targets below but so far holding below 2010.

We should see some exhaustion on price in the early sessions so we'll stick with the lower support level for now as a potential region for a reaction in price. Break of 2016 the region of 2020-25 is key level for now!

Wouldn't short it down here, it's too risky!

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As always, trade safe.

KOG