XAUUSD - 4H Levels

A successful days trading on Gold, Silver and GJ for our team today. Gold has finally managed to breach the 1750 level that was a key level for bears and failed to be protected. Our KOG target of 1760 has also been reached. We'll now sit back and want to observe what the market does tomorrow. We're looking for the immediate lower level of 1765-60 to act as support, we can see this going a little higher, potentially to target the 1785-95 price point based on successful support below. Having said that, breaking the said level and then 1750 will again put pressure on the price to decline.

We still have our lower KOG target of 1720 which we just missed this week. We will be waiting patiently to short this again.

Hope you're enjoying our analysis and trade ideas. Please hit the link button and give us a follow. All your likes and follows are very much appreciated.

As always, trade safe.

KOG.

KnightsofGold

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