XAUUSD - KOG REPORT UPDATE:

End of week update from us here at KOG:

We followed the 4H KOG Report chart during the early part of the week which took us down to a nice support which gave traders an opportunity to go long into the resistance levels above. We're sharing the daily chart which was part of the report which shows the levels we were looking for this week! We can see the lower support level was hit to the tee, however, the upper level still remains untouched!

We would suggest caution now as its Friday and a holiday in the US. Its very common for huge volume to enter the markets after a holiday so expect some fireworks next week!

Wishing you all a great weekend, see you on Sunday for the KOG Report.

As always, trade safe.

KOG