XAUUSD - KOG REPORT UPDATE:

End of day update from us here at KOG:

We suggested in yesterday report that we will remain bearish on Gold but would be looking for this first support of 1730-35 to hold before a short term retracement on price. Its given a decent scalping capture so far so lets stick with the plan, above 1730 and we'll look for 1745-50 as a potential test.

For now we want this to go a little higher before potentially turning again for lower! Lets trade is safely this week and go with the intraday movement.

As always, trade safe.

KOG