Quick update before we close up for the week with what to expect for the remainder of the session.
There is a chance we may see Gold attempt to target the lower support region of 1775-77 which is where there is potential for this to turn upwards to begin some form of retracement. Breaking this level below will entail lower pricing targeting the 1770 price point which if you remember is where we have a previous KOG target. We're hoping this doesn't get completed before we close and rather we get an opportunity to get in again from higher up.
Hope the analysis, ideas and tips have helped you all. Please do support by clicking like and giving us a follow.
See you on Sunday for the KOG report.
As always, trade safe.
KOG
P.S - Please don't spam our thread with your charts.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.