KnightsofGold

XAUUSD 1H - Levels - Update:

FX:XAUUSD   Złoto / Dolar USA
This was posted for our members earlier this afternoon.

We're seeing it move near enough as we analysed this morning. Now we can see that the necklline is broken and there is a resistance level above, if this resistance holds there is a chance gold will drop further in the coming sessions as its forming that hourly H&S pattern.

NFP tomorrow, we've been busy looking at the other pairs and drawing our conclusions, as usual we will publish our NFP analysis on our group and here 1hr hour before the release.

As we stand right now we have an Excalibur target on Gold and on some of the USD pairs which is giving us an idea of what could happen tomorrow. We will share a full indepth plan with you all.

Support:

1767-65

Resistance:

1774/5

As always, trade safe.

KOG

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