XAUUSD - KOG REPORT UPDATE: BOOM!!

End of the week update from us here at KOG:

What a week for Gold!! We've traded this up in to resistance level to level with the bias being short into that 1785 region as we suggested on Sunday in the KOG Report. Over 300pips down and then the bounce from 1785 giving another 150 safe pips from support...What a week in Camelot not only on Gold but Silver as well! Well done to those who followed. We're patiently waiting now to see how this weekly candle closes, we also want to see if they correct this move to at least the 1795 region where there is potential for them to close it.

We're not going to give the what to look for in the remainder of the session today as its not advisable to trade this late on a Friday session. We'll be back on the Sunday for a new week and month and the KOG Report.

Wishing you all a great weekend.

As always, trade safe.

KOG
Supply and DemandSupport and ResistanceTrend Analysis

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