FX:XAUUSD   Gold Spot / U.S. Dollar
Quick end of day update from KOG:

Following on from recent posts we can see that the pullback on price we were expecting has nearly happened, even though we went a little higher than expected. Now we have to keep in mind that Gold has left a bit of a mess above and there is still every chance we will go up as long as we're above that 1835-30 region.

So we're looking for this now to target the above resistance level and we want to see how it reacts. Resistance above could represent an opportunity to short the market again towards the lower level of 1835, 1830 and below that 1822.

As always, trade safe.

KOG

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🟡 Disclaimer: Not financial advice. For educational purposes only.
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