KnightsofGold

XAUUSD - KOG REPORT UPDATE:

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

We had an early indication in Camelot last night that there would be an attempt at the low so we plotted the levels and identified a key level for a bounce which gave traders an opportunity to target that 1760-65 level where we suggested in the KOG report there will be a reaction in price. As you can see price rejected near perfectly to give the short trade down to where we are now. We would suggest and shorts be protected here and partial profits taken, don't get greedy in these market conditions.

We shared everything yesterday so there was no morning review this morning. We'll be back tomorrow.

As always, trade safe.

KOG

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