XAUUSD - KOG REPORT! (Monthly)

24 Jul 2022

Monthly:

Again, targets below have been completed, however, there is huge potential for that wick to get filled and maybe more! A break and close below the 1680 level will be in line with the fractal we have been running and is not good for Gold. We’re saying caution not warning! We have been trading this down from way up high staying the right side of these swings. Now we’re saying just be a little patient, we’re at a crucial time for Gold!

Hope this helps in preparation for the week ahead, we will update you as we go along as we usually do.

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As always, trade safe.

KOG