FX:XAUUSD   Gold Spot / U.S. Dollar
End of day update from us with what to look for in the remainder of the session.

We shared this 15M chart earlier today because we recommended trading level to level due to the choppy price action that we're experiencing on Gold at the moment. We said earlier that 1828 wasn't going to be a strong level and to look lower for support. We also suggested there is a lot of bullish volume to the first bullish target will be around the 1842 and above that 1845 level. As you can see, we hit all the targets on the 15M levels and have now again began a retracement.

We would suggest to keep an eye on the break and retest of the trend which has broken, based on resistance over the coming sessions we could be seeing lower pricing on Gold tomorrow. Most of our higher targets from the KOG report have been achieved, however, we do have lower levels active!

We have also added the 12H chart which shows the triangle we have been monitoring and the break of levels.



As always, trade safe.

KOG


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