FX:XAUUSD   Gold Spot / U.S. Dollar
End of day update from us here at KOG:

Choppy start to the new year which should be expected up until next week at least. Our path and illustration has worked well, although a small stretch we've seen the resistance level hold giving the move back down towards the order region. We would now like to see a retest on support with 2050-52 being the key level for a potential bounce!

We will stick with the plan from the KOG Report for now. Please take it easy however, it's the first few days of a new month and year so expect spikes in either direction.

As always, trade safe.

KOG

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