XAUUSD - KOG REPORT UPDATE:

Quick look at the daily chart from the KOG Report we had shared on Sunday.

As you can see the price is currently in a tight range in a key region between 1870 and 1885. We added the new level above on Sunday to show traders the daily range and the potential target based on a break. but the concern for us here is there looks to be a big move on the horizon.

We have indications in Camelot of the move to come and traders have been briefed on what to expect, however, we're still cautious on the long trades at this price point so unless we hit our target, we'll look lower down to come back up.

As always, trade safe.

KOG

Trade active:

Reminder of the daily chart and levels above which we added on Sunday

Trade closed: target reached:

Target completed