XAUUSD - KOG REPORT UPDATE:

2022年5月24日

Quick update with what to look out for in the remainder of the session.

We didn't get the 1840 support we were looking for to again go long but we managed to hit our target in Camelot. What we want to see now is either this to tap into that 1875-80 region and face resistance, or, come down into the 1855-50 and below that 1835-40 region before again attempting to go higher. We have Excalibur targets above which we will update traders on but right now is not the time to go long. Lets see where the daily closes as we have FOMC tomorrow and we're expecting this to settle into a range.

As always, trade safe.

KOG