KnightsofGold

THE KOG REPORT - Update

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

Quiet day on the markets today with low volume due to the US holiday. Many traders has glitches on their charts on open with price entering the lower support region where we suggested price may bounce. The first target level, 2020 which is what we wanted last week has now completed, with that level we mentioned of 2024 holding price below it. We're now playing the range with support 2015-17 holding up the price and resistance now at the 2025-7 region which is a reasonable target for the longs, should we hold.

We'll stick with the plan for now and look for a little higher before deciding what to do.

As always, trade safe.

KOG
Trade closed: target reached

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