XAUUSD - KOG REPORT! Monthly Chart

We're sharing this chart again to show you the importance of the monthly candle close on Gold at the moment. If you zoom out you can see the previous fractal that we have illustrated where a break of this trend line resulted in quite a bearish move on the precious metal. Its a good idea to keep an eye on the month and weekly charts so you get an idea of the potential the market has if you're swing trading this.

We'll update this and keep an eye on it as we go along.

As always, trade safe.

KOG