Gold Spot / U.S. Dollar
Updated

THE KOG REPORT - Update

1233
End of day update from us here at KOG:

Yesterday we wanted this to target that lower support 2645 but only managed 2649 which still gave us a decent return but not what we hoped. We have however completed our Excalibur target that we wanted to capture from the order region and our bias level. 2680 competed, so, what now?

We had a higher target and again suggested a move into that 2655-60 region as a pullback, which if held would give us the opportunity to long again in anticipation of at least the 2685-90 region for the week. So we'll stick with that support level for now and the move which we're in already and protected. Resistance here is 2675 and breaking above will make the the target more achievable.

As always, trade safe.

KOG
Trade closed manually
We took a majority at just under 100pips and closed at BE

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