KnightsofGold

THE KOG REPORT - Update (End of week)

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

Gold, order to order, played into the lows, from the lows wanting the 2350-55 level and we got it. Now, support stands at 2330 which is being attacked which will determine where we close. Unless we bounce and get a late session move, resistance now stands at 2345 with the potential to close here and range. Longs with caution now, we could open Monday with price challenging that high again, but unless the set is right and we could have closed above 2355, I wouldn't risk it now.

Back on Sunday with the KOG Report, wishing you all a great weekend ahead.

As always, trade safe. KOG

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