KnightsofGold

XAUUSD - KOG REPORT UPDATE:

FX:XAUUSD   Gold Spot / U.S. Dollar
Short update today:

We're going to stick with the plan on the KOG report for now. It was over 100pips up and so far over 100pips down from the illustrated level. We're looking at this in Camelot with the other traders and identified the structure telling us the move up was to get some bulls in above 1720 so we shorted it again! Support stands at 1712 at the moment with immediate resistance at the 1717 level. One of these levels needs to break forcefully!

As we said in the KOG report, shorts are level to level unless you got the entry from the top, we're hunting this long entry to take this up!

As always, trade safe.

KOG

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