XAUUSD - KOG REPORT UPDATE:

End of day update from us here at KOG:

What a start to the new year of trading for us, we got a Tick, tap and bounce from resistance, down into the key level 1830-35, Excalibur activated long and gave us another target above which hit beautifully and gave us another TAP AND BOUNCE for another short down to where we are now. Markets are playing nicely considering its the first trading day of the month, but don't be greedy! There looks to be another big move on the way so we're tracking the targets across most pairs which are working well. For now, we've posted the daily update and the monthly update with the levels we were expecting, some of which have now been ticked off.

We'll stick with the plan for now.

As always, trade safe.

KOG

Trade closed: target reached:

Support level reached again and bounced! Would like to see this tap higher into that Weekly level before then attempting to come down again! We'll monitor the daily close and decide what to do tomorrow.

For now, keep it the KOG way, level to level trading!

As always, trade safe.

KOG