Monthly Chart:
Still in flow with price being supported by the pattern to the upside, however, no retest as of yet on this structure which is a concern for us! Higher resistance level was identified months ago and it’s looking like price wants to tap into it. We won’t look at the lower KOG level for now but its there and we’ll leave it for now!!
Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated.
As always, trade safe.
KOG