XAUUSD - KOG REPORT!

End of day update from us here at KOG:

As you can see Gold is now trading back in its previous range with support at 1655-60 and resistance at 1670-75. We would like to see where the daily, weekly and monthly candles close so would say its not worth getting into any trades late session. Earlier we gave the levels of reaction on price which worked quite well and gave an opportunity to long into that resistance level above. For now, we're out and will be back on Sunday with the KOG Report.

Wishing all our followers a great weekend. Please do support us and the analysis by hitting the like button.

From Camelot this morning:

XAUUSD 30/09/22 1H

Support: 1665 / / 1658 / 1650 / 1644 / 1640 / 1635

Resistance: 1675 / 1680 / 1682 / 1686

KOGs Bias for the day:

Bullish above 1660 with targets above 1675 and above that 1685

Bearish on break of 1660 with targets below 1635 and below that 1620

Summary:

As mentioned, up first and look for resistance, this should pull back at some point if it hangs around here. 1680-85 region is looking likely


As always, trade safe.

KOG