XAUUSD - KOG REPORT! (Daily)

Daily Chart:

The daily chart we have been publishing and using to track price over the last year on Gold. As you can see, last week we highlighted the support and resistance levels we were expecting to get tapped into and where we wanted price to play. Both circled regions were hit with the lower one lining up nicely with the 4H KOG Report chart we shared last week.

This week, we’ve kept the level above but added a lower level where we would like to see a reaction in price. Let’s see how it plays out during the course of the week.

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As always, trade safe.

KOG
Supply and DemandSupport and ResistanceTrend Analysis

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