End of day update from us here at KOG:
A decent day on Gold with price coming down into the level we wanted and matching up with the red boxes. This gave traders the opportunity to capture the long trade following the path into the level we wanted.
We now have support below at the 2497 region with resistance being 2505 which is ideally the level we want to finish the day off. As long as support holds, we should attempt to break above, but the best entries are the ones from key levels.
We'll stick with higher for now.
As always, trade safe.
KOG