XAUUSD 15/02/22 1H
Support: 1846 / 1843 / 1837 / 1833
Resistance: 1850 / 1855 / 1859 / 1864 / 1868 / 1873 / 1875
KOGs Bias for the day:
Bullish above 1835 with targets above
Bearish on a break and close of 1835-30 with targets below
Summary:
As we mentioned in the KOG Report and yesterdays analysis, we were looking for a retracement on the price to come back in to lower support regions. We indicated a lower target around 1843 yesterday which would have been a good target for the shorts! As long as we are above the 1835 level we are still bullish on price for higher targets. However, there is a huge possibility we will see a test on that 1840-35 level at some point. Any longs will need to be flexible with smaller lots to test levels. Any short trades will need to be from higher up!
Support: 1846 / 1843 / 1837 / 1833
Resistance: 1850 / 1855 / 1859 / 1864 / 1868 / 1873 / 1875
KOGs Bias for the day:
Bullish above 1835 with targets above
Bearish on a break and close of 1835-30 with targets below
Summary:
As we mentioned in the KOG Report and yesterdays analysis, we were looking for a retracement on the price to come back in to lower support regions. We indicated a lower target around 1843 yesterday which would have been a good target for the shorts! As long as we are above the 1835 level we are still bullish on price for higher targets. However, there is a huge possibility we will see a test on that 1840-35 level at some point. Any longs will need to be flexible with smaller lots to test levels. Any short trades will need to be from higher up!
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🟡 Disclaimer: Not financial advice. For educational purposes only.
🔴 TWITTER: twitter.com/knightsofgold2
🟢 INSTAGRAM: www.instagram.com/knights_of_gold/
🟡 Disclaimer: Not financial advice. For educational purposes only.
