XAUUSD - KOG REPORT UPDATE:

End of day update from us here at KOG:

As per the KOG Report published yesterday we suggested the early session move up and that we would be looking for the first resistance level to test the short trade. The level held perfectly giving the trade down to where we are now at immediate resistance on the 4 hourly. We suggested earlier this morning to protect the trade if you're short and take partials as we need to break below this support level to complete the move to the downside. A bounce here and we're likely going to retest with a potential break of resistance into the higher level. We'll stick with the plan so far as it's worked well!

As always, trade safe.

KOG

تم فتح الصفقة:

Nice move so far of over 200pips. Stops at entry and partials taken