XAUUSD - KOG REPORT UPDATE:

End of day update from us here at KOG:

The bias worked well as well as the path on the 4H chart we shared yesterday in the KOG Report. Those in Camelot who missed the initial entry got another chance from the red box shared which gave a lovely capture up into the Excalibur target which was waiting with the bias above 55-60.

So once again we're above the order region which makes support for the remainder of the session the 80-85 price region, with the bias still in tact and the structure still in play. Would suggest the same as what we mentioned in the KOG Report with longs being taken from key levels and traded level to level with the view that one of these resistance levels may just give the tap and bounce.

If you're in from the low it's probably best to protect it and take partials along the way and not enter this high up.

As always, trade safe.

KOG