FX:XAUUSD   Gold Spot / U.S. Dollar
Just as we thought, gold made the move down to the lower support area and then bullishly rejected correcting the whole move. KOG members managed to trade the move down and get the perfect entry for the move up. We've taken a majority of the profits off the table now on the long trade and protected it.

What we want to see now is if that key level area on the 15M chart holds. If it does and the daily closes above the 1800 level then its likely our overall analysis and view on Gold over the last few weeks will come into fruition.

As always, trade safe.

We'll be back tomorrow with more trade ideas and gold analysis.

KOG
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🟡 Disclaimer: Not financial advice. For educational purposes only.

Comments

Great analysis
Thanks 🙏
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@ZenoReal, 🙏
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