XAUUSD 4H - Levels
Quick update from us. We’ve done a point to point move now on Gold as we suggested in the illustration on the KOG Report published on Sunday. We’ve hit our first bullish target of 1795-7 which we were expecting to happen as the seasonal move was due. We have higher targets of 1804-7 and above that 1810-14 which we would like to see complete before potentially resuming the bearish move. The chart shows the potential H&S on the 4H TF, if this is accurate then we should see a spike up towards that 1804-7 level and face some strong resistance. Bulls are trying to drive this above 1800 and 1797 is a strong level that needs to break and hold with a daily close above it.
Below is the chart from the KOG report, if you haven’t already please do read the report for a more in-depth view.
As always, trade safe.
KOG
Below is the chart from the KOG report, if you haven’t already please do read the report for a more in-depth view.
As always, trade safe.
KOG
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🟡 Disclaimer: Not financial advice. For educational purposes only.
🔴 TWITTER: twitter.com/knightsofgold2
🟢 INSTAGRAM: instagram.com/knights_of_gold/
🟡 Disclaimer: Not financial advice. For educational purposes only.
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