THE KOG REPORT - Update

End of day update from us here at KOG:

Nice move on Gold, we wanted to get in again higher but trades carried down kept running while we added again based on the daily bias and an Excalibur activation giving us the lovely move into the KOG Report target as well as the bias level target and the Excalibur target. Fantastic day in Camelot.

So, what now?

200MA seems to be supporting the price on the hourly while we have the first hurdle of resistance 2395 and above that 2402. The order region is also above and we're on the flip, so we'll look for that region at the moment, wait for the daily close and then decide if we continue to short for the remainder of the week. For now, too low to short, levels can be tested.

As always, trade safe,

KOG