XAUUSD - KOG REPORT! (Daily)

KOG Report – Daily Chart:

This chart shows the move we captured from the first resistance level straight into the illustrated support below. It hasn’t changed, the levels remain the same. We’ve hit the daily target that we wanted so now want to see if we find support at the 1730-35 level or break it to the downside. Breaking it, will reenforce our weekly and monthly charts and plans for lower pricing.

Take it as reference for now, we all know the markets don’t go in a straight line and don’t just go one way. Key level resistance here is around the 1780 level with support just below where we want to see a reaction in price.

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As always, trade safe.

KOG