XAUUSD - KOG REPORT UPDATE: BOOM!!!

27 апр. 2022 г.

Quick end of day update from us here at KOG .

We're not going to do the usual today giving the levels to look out for in the remainder of the session. Instead, we're going to share the KOG Report chart from a couple of weeks ago where we highlighted the resistance levels and gave our targets below starting at 1960, 1940, 1920, 1910, 1895 and now we've hit our 1885 target. An absolute joy of a ride all the way from 1998. We are now going to take a back seat with the plan to potentially short this again for lower levels but we want to see the technical retracement in price. So we'll either short from higher up or we'll be waiting lower down to go long into the key resistance levels.

We'd like to thank all our followers and members for their likes, comments and support.

XAUUSD 27/04/22 1H

Support: 1895 / 1885 / 1877 / 1870

Resistance: 1910 / 1920 / 1924 / 1930-35 / 1943

KOGs bias for the day:

Bearish below 1920 with targets below being 1885 and 1877

Bullish above 1920 with targets above being 1925, 1933 and 1940

Summary:

We continue to see our targets below met with hardly any retracements on price.

As always, trade safe.

KOG