XAUUSD - KOG REPORT UPDATE:

End of day update from us here at KOG:

Absolutely beautiful! We suggested yesterday it was either an up and down in to the level illustrated or a down and then up in to the levels identified on the chart. We got a lovely move into the support zone and then up into the a pin point level we highlighted on the KOG report on Sunday! We've netted over 200 pips on this move so far point to point, level to level the KOG way!

Shown on the chart is what to look for in the remainder of the session as long as the price is above the 1775-70 price point.

From Camelot this morning:

Pair: Date: Timeframe:
XAUUSD 10/08/22 1H

Support: 1785 / 1782 / 1772 / 1768 / 1760 / 1759 / 1755

Resistance: 1793 / 1795 / 1797 / 1802 / 1806 / 1810

KOGs Bias for the day:

Bullish above 1775 with targets above 1797, 1802 and above that 1810

Bearish on break of 1775 with targets below 1770 and below that 1765

Summary:

CPI today so expect volatility during the US session! 1785 and 1775 are important support levels and the best regions to attempt the long trades. Break of 1775 and we will see this target 1750 which is the next key level.