KnightsofGold

XAUUSD - KOG REPORT UPDATE:

FX:XAUUSD   Ouro/Dólar Americano
End of day update from us here at KOG:

As suggested in yesterdays update, the upside support of 1910 on hold was crucial for this to complete the high before any attempt of a pullback. KOG's bias gave the levels of 1930 and 1943 which are now complete as well as the extension target of 1957 which completed in Camelot. Right now, too late in the session to test the levels as there could be news over the weekend which can cause another glitch on the chart on opening so we'll close off here for the week. Close is important, if they really want to drive it then the levels of 1970-75 are the next order regions. Support now stands at the 1945-50 level and below that 1935 with the bias still bullish above 1910.

As always, trade safe.

KOG

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