XAUUSD - KOG REPORT UPDATE:

Quick end of day update from us here at KOG:

Most of this week is showing us choppy and whipsawing price action while the market continues to accumulate in the range swopping liquidity from above and below. It seems we could be in a similar situation to the previous range where we were getting higher highs and lower lows so please be careful trading this mid-range unless you're scalping.

We've plotted the range earlier, we're now showing you where we feel the price may play until tomorrow. Support stands at 1835 and immediate resistance is at 1845, the price may just move in-between here until another short term breakout. We have given the targets above earlier this morning as well as the targets below, use the range, use the levels and try to trade it light until it confirms the direction.

We'll be back tomorrow. Until then, as always, trade safe.

KOG