XAUUSD - KOG REPORT UPDATE:

End of day update from us here at KOG:

So, we shorted this yesterday looking for the lower levels which was a great trade. Unfortunately, many of us missed that unexpected trade so didn't manage to capture the move we had highlighted into the supply region which is being targeted right now! Well done if you caught the move.

What we would like to see now it for this to open and tap into that region, if it does then that opportunity to short it there. If we pullback however, then we could be going higher up towards the key level 1735 where we have seen a reaction in price on numerous occasions.

Lets play it how we see it, its following the path give or take 30-50pip either side.

As always, trade safe.

KOG