XAUUSD - KOG REPORT UPDATE:

End of day update from us here at KOG:

We're sharing the 1H chart we shared earlier with the levels to target and potential reaction regions for the remainder of the session. Please also have a look at our daily chart which shows the daily level we had added on Sunday to the upside which has nearly been tapped into.

From Camelot this morning:

XAUUSD 13/01/23 1H

Support: 1877 / 1870 / 1865-60 / 1852 / 1850 / 1847

Resistance: 1885 / 1896 / 1901 / 1908 / 1910

Price: 1883

KOGs Bias for the day:

Bullish above 1876 with targets above 1890 and above that 1901

Bearish on break of 1876 with targets below 1860 and below that 1855

Summary:

CPI today so we should see this settle in preparation for the release. Excalibur completed to the upside with a nice clean move, however, that doesn’t mean there isn’t room for more. 1895-1900 are towards the top end which the price needs to stay below, 1850-55 is the swoop! This gives you an idea of what they can do over today and tomorrow.