Gold Spot / U.S. Dollar
Updated

XAUUSD - Daily update

378
Gold rejected in our zone. We shorted the market and have now come out of a majority of our trades. We're facing a strong support level around here and Excalibur has left us a target above. We're going to trade with caution now, this could potentially be a flush on the longs before resuming the move up towards 1885-95.

Although the chart shows a decline, we think its not ready yet. Lets see how the US open affects the price.

As always, trade safe.
Note
Perfectly executed. Our analysis was telling us it wasn't ready and it went straight into our KOG zone again on the long

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