XAUUSD - KOG REPORT UPDATE:

Daily chart update today.

There's a range on the hourly with a potential channel on the 4H. This is a resistance level which is why you can see the price exhausting and struggling to break it. What we want to see is where this closes today and does it need a bigger run up to break that level.

Simple one today, we had one long trade and concentrated on the other pairs which gave good returns.

No morning review this morning.

As always, trade safe.

KOG