FX:XAUUSD   Gold Spot / U.S. Dollar
XAUUSD 14/02/22 1H

Support: 1851 / 1846 / 1843 / 1837 / 1833

Resistance: 1859 / 1864 / 1868 / 1873 / 1875

KOGs Bias for the day:

N/A

Summary:

We would like to see some retracement on the price after the move we experienced on Friday, however, we don’t think they will make it easy for sellers.

So we’re looking at 2 scenarios here:

Price pushed up towards the resistance levels mentioned we will be looking for the short into the support levels below. Price goes down first and finds support, we’ll look to target that 1860-65 price region.

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