XAUUSD - KOG REPORT UPDATE:

Quick view on the monthly chart we've been sharing.

As you can see, resistance held and gave the trade to the downside as we showed yesterday with a TAP AND BOUNCE from the 1835 level. So far we're running short but we're approaching some smaller time frame support levels. Not long for this monthly to close and monthly support is sitting just below 1800.

Lets see how we close on this.

As always, trade safe.

KOG