XAUUSD 1H - Levels

XAUUSD:
Date: 14/01/22

Support:
1820/1814/1810/1804-6

Resistance:
1825/1830/1833/1835

KOGs Bias for the day:
Bullish above 1810 with targets above being 1825, 1827 and above that 1833

Bearish below 1820 with targets being 1814, 1810 and below that 1804.

Summary:
We’re back in that range of 1820-25 where the market seems to keep wanting to accumulate orders. Yesterday we saw a break to the downside but bulls showed they weren’t going to give up that easily. There is every possibility they can try the same to the upside to trigger and SLs and BE traders sitting above 1825. As we did yesterday, we would suggest you wait for the lower key levels if you want to long and the higher levels if you want to short.

As always, trade safe.

KOG