KnightsofGold

XAUUSD - KOG REPORT! (Monthly)

OANDA:XAUUSD   Gold Spot / U.S. Dollar
KOG Report – Monthly Chart:

Here you can see we’ve hit the next lower target on Gold as we suggested in last weeks report. We still have targets below with this support level being a very important level on this time frame. The structure is bearish, however, retracement is needed, so make sure not to short too low and get stuck. Level to level, tight stops and risk management in place. We’re going to stick with the plan for now here as well, lets see if we can get that lower level.

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As always, trade safe.

KOG

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