XAUUSD 1H - Levels

2022년 3월 25일

XAUUSD 25/03/22 1H

End of day update from KOG. We've taken the trade down from resistance into support and then back up into resistance netting over 300pips on Gold just today. Point to point, level to level the KOG way!

So this is what to look out for in the remainder of the session. Resistance stands right here with support below, we need to break this level above to go higher and challenge that 1960 and above price regions. Its Friday and late in the session so unless there's a late move expect this to play the range and look for the breaks either side. We wouldn't recommend getting into any trades at this time on a Friday, if you caught the move well done, enjoy the weekend and come back to the market on Monday.

From this morning:

Support: 1955 / 1951 / 1945 / 1937

Resistance: 1960 / 1963 / 1966 / 1970 / 1984

KOGs bias for the day:

Bullish above 1937 with targets above being 1966 and above that 1984

Bearish on break and close of 1937 with targets being immediate support levels