KnightsofGold

XAUUSD - KOG REPORT UPDATE:

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

We were looking for an undercut low before a rise in price. We suggested 1740-45 in Camelot which is where we anticipated a the US to take it and then to see a reaction in price. The reaction isn't strong, so we would say look for support below to hold if you plan to go long on the Gold, a break below the 1735 level and we will see this resume the move we want.

Resistance 1745, 1749 and 1755.

As always, trade safe.

KOG

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