KnightsofGold

THE KOG REPORT - Update:

FX:XAUUSD   Guld / USA-dollar
End of day update for us here at KOG:

We weren't expecting much apart from the lower order region to potentially give us a reaction in price, which we got, but it can't be convincing due to NFP tomorrow! So, if you're in, you're in, we can expect there to be a grab and choppy price action for the remainder of the session leading up to NFP tomorrow. We're level to level in Camelot, resistance stands at 2050 with support 2035 as the potential range.

Sticking with the daily bias for now, scalps only though unless we get extreme levels for the swing.

From Camelot this morning:

Support: 2044 / 2040 / 2035 / 2030 / 2026

Resistance: 2050 / 2055 / 2060 / 2064 / 2069 / 2070 / 2076 / 2079


Price: 2048

KOG’s Bias for the day:

Bearish below 2060 with targets below 2030

Bullish on break of 2060 with target above 2075

Back tomorrow for the NFP KOG Report. Please do support us and the analysis shared by hitting the like/boost button and giving us a follow.

As always, trade safe.

KOG

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