FX:XAUUSD   Gold Spot / U.S. Dollar
XAUUSD 10/02/22 1H

Support: 1830 / 1825 / 1822 / 1815 / 1812

Resistance: 1835 / 1837 / 1842-44 / 1848

KOGs Bias for the day:

Bullish above 1820 with targets above being 1827, 1835 and above that 1842

Bearish on break and close of 1820 with immediate targets being 1815, 1815 and below that 1810

Summary:

We should see a technical retracement on price but 1825 is a key level that needs to break. At the moment we’re extremely bullish with targets higher looking more likely starting at 1845. This range here has been used to propel the price numerous times in the past so trade with caution in this zone.

Keep it tight for the coming sessions followers, as KOG says, level to level, point to point!!

As always, trade safe.

KOG


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