XAUUSD - KOG REPORT UPDATE:

End of week update from us here at KOG:

We've now approached the key level of 1770 as per the chart we published on the KOG Report on Sunday. If you're in long from the lows its a good idea to protect the trade and take some end of month profits. If you're not in, its really not worth getting involved in any price movement this late in the session and with it being the last trading day of the month. So far, this level above needs to break for this to go higher, otherwise its likely we come back down to key support levels before any more attempts to target the higher regions.

From this morning in Camelot:

XAUUSD 29/07/22 1H

Support: 1755 / 1752 / 1748 / 1744 / 1735

Resistance: 1760 / 1765 / 1769 / 1775 / 1780

KOGs Bias for the day:

Bullish above 1750 with targets above 1765 and above that 1775

Bearish on break and close of 1740 with targets 1735 and below that 1720

Wishing all our followers a wonderful weekend. See you next week!

As always, trade safe.

KOG