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KnightsofGold
Jan 17, 2022 4:44 PM

XAUUSD 1H - Levels 

Gold/U.S. DollarFXCM

Description

Quick end of day update from us. We're sticking with the plan we published yesterday on the KOG Report as the resistance level seems to be holding so far. We've published the 1H levels for you with the potential trend in play at the moment. Immediate range remains the same, only scalping possible today with limited volume and tight range due to US holiday.

Look for breaks either side, at the moment more towards the downside into support than to the upside in our opinion.

Support:
1818/1814/1810-12/1804-6/1797

Resistance:
1822-20/1826-8/1830/1833-5

We'll be back tomorrow with our update.

As always, trade safe.

KOG
Comments
ForexTrendline
Downside move pending!
HayeTrading
Quality idea, great color scheme too, fitting a lot on the chart while still keeping it this clean is a skill 👍
KnightsofGold
@HayeTrading, Thank you HayeTrading 🙏👍
Wolf_of_Trading
nice chart , my idea is for bullish
KnightsofGold
@Wolf_of_Trading, Thanks. Next time leave a comment with some more substance
aadnankahnn
👍
KnightsofGold
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