KnightsofGold

THE KOG REPORT - Update (End of week)

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

It's been a manic week here in Camelot with us managing to navigate Gold up and down again trading the levels and making the most of it. Yesterday we said we wanted to see how that higher resistance level would react to price, but we fell short of it before the move down. It did however give us an opportunity to then long back up into immediate resistance using the daily bias and hitting the bias level target when Excalibur activated. We're now late session with resistance at the 2175 region, the bias is active on the flip again so going long is probably not a good idea. Support below 2155-50 if attacked could give a RIP, otherwise, we'll now plan for next week.

Wishing all our followers a great weekend and we'll see you on Sunday for the KOG Report and our view for the week ahead.

As always, trade safe.

KOG

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