XAUUSD 1H - Levels

XAUUSD 01/03/22 1H

Support: 1908 / 1902 / 1895 / 1887 / 1880

Resistance: 1916 / 1925 / 1928 / 1932 / 1945

KOGs Bias for the day:

Bullish above 1905 with targets above 1916, 1927 and above that 1932

Bearish on break and close of 1897 with targets below 1887, 1885, 1880

What to look out for in the remainder of the session:

We would expect there to be pullback after this move exhausts so look for support below around the 1920-25. We would either expect this to hit the resistance level above and then begin some form of retracement or, come down into support and then resume this move back into that 1945-50 level.

We'll keep an eye on it and update you tomorrow morning with any changes. Camelot has completed the long trade now into the 1930 level, we are waiting patiently for the next move. At present, we're level to level on the way up!

As always, trade safe.

KOG