XAUUSD - KOG REPORT UPDATE:

End of day update from us here at KOG:

As suggested in the KOG Report yesterday we wanted to see it tap into that higher level before testing the short trade back down into the first level of 1970 initially. The structure remains bullish with the higher levels open, however, we were anticipating the pre-event price action in the early part of the week which so far seems to be clean. The RIP gave a nice move to the downside and it is suggested now traders protect and take partials on their trades.

As always, trade safe.

KOG

Trade geschlossen: Ziel wurde erreicht:

Thats the target region we wanted, we've suggested leaving a runner on the short with stop to entry.