FX:XAUUSD   Gold Spot / U.S. Dollar
Support: 1885 / 1872 / 1863 / 1855 / 1850 / 1846 / 1843

Resistance: 1894 / 1898 / 1902 / 1907 / 1912 / 1917


KOGs Bias for the day:

Bullish above 1850 with targets above

Bearish n break and close with the immediate target being 1835

Summary:

We would like to a bit more of a pullback on the price over the coming sessions as there is a lot left behind during this bullish movement. For that reason our caution is placed on going long at the moment even though we have targets above. We will wait for lower support levels to test the long trades and use the higher resistance levels to test the short trades. 1875-70 could be a possibility!

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