XAUUSD - Monthly chart update!

We published this along with our KOG report a couple of months ago. You can see the chart formation and the monthly structure along with the triangle formation we're in. Its very important to keep and eye on the monthly levels as well as the monthly supply regions to add to your overall view of the market. The chart shows the areas of interest as well and the trend line above. Breaking the monthly level can lead to the price testing the trendline resistance area, this is something we need to keep in mind, the 1830-35 region is really important for us to gauge the next move.

As always, trade safe.

KOG