XAUUSD 1H - End of day!

As suggested this morning, we were remaining short on Gold which hopefully worked out well for traders following. We've drawn in what is the potential trend and.....Its a break out!! Now, we need to see if this is a false break out or if the trendline support now acts as resistance.

Please trade this carefully traders, they're whipsawing it as much as possible before making another big move. There's a lot of news over the coming days so please use a stop loss and have a strict risk management plan in place.

We'll be back tomorrow.

KOG