KnightsofGold

XAUUSD - KOG REPORT! Monthly Chart

FX:XAUUSD   Gold Spot / U.S. Dollar
Quick update on the Monthly chart we have published a few times. Please zoom out of this chart to see the historical data and potential fractal that is possibly still in play, until this breaks out anyway!

Simple one with this chart, last month left a wick to the downside with support here on the monthly established at the trendline. That wick may want to get filled at least 50% so possible price movement on this chart is down to 1820. Resistance is standing around the 1860-65 level which we're also using on the intraday basis as a key level!

This chart is for reference, we're just showing you what we're looking at on a longer timeframe. Please read the related chart analysis on this chart which is at the bottom of this page.

As always, trade safe.

KOG

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