KnightsofGold

THE KOG REPORT -Update:

FX:XAUUSD   Złoto / Dolar USA
End of day update from us here at KOG:

Price is still playing the range although it is getting wider, so please control lot sizes as they will want you in heavier than usual in the wrong place. Resistance held again as per yesterdays update giving an opportunity to short again from 2040 following the path shown on the chart.

Support now stands at 2020 and below that 2016 with the bias still bearish below. We will stick with the plan for now, unless we see this turn aggressively.

Not much more to add as it's been a choppy and ranging day, scalps only available unless in from 2040.

As always, trade safe.

KOG

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