KnightsofGold

THE KOG REPORT - Update:

FX:XAUUSD   Gold Spot / U.S. Dollar
End of day update from us here at KOG:

After yesterdays update where we wanted price to come down into that 2026-4 level for the short and then bounce, giving the long trade back up. We managed the short and then suggested we only take the one trade today, rather than taking the reverse trade which did bounce giving the move to the upside. This move however is not complete, with resistance now at 2026-8 which if held could cause more downside pressure completing the path we wanted on the KOG Report on Sunday, which has gone very well this week.

We're still in the range, still accumulating orders so take what the market gives if you get a successful trade.

We'll be back on Sunday with the KOG Report. Wishing you all a great weekend ahead.

As always, trade safe.

KOG
Comment:
2026 hit, would leave it there as it's late session

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