End of day update from us here at KOG:
An extremely decent week on Gold tracked and traded up and down from the key levels in Camelot. We've closed up for the month now so we'll leave you with the levels to watch out for on the close.
Support stands at 2325 which if continued to hold could lead to an aggressive late session move upside in to test that 2340-45 price point again where bulls will aim to close the price above. In order to go down, we will need a forceful move breaking below 2325 to target that 2315 region for the close.
It's really not worth getting involved in the markets late session on a Friday, especially with it being the end of the month and quarter. For now, we've smashed it again this month, we'll be back on Sunday with the KOG Report.
Wishing you all a great weekend ahead.
As always, trade safe,
KOG