Quick update with what to look out for in the remainder of the session.
So we got the move up like we suggested on the KOG report, got the move down nearly to the pip and then the move back up again into this region. We wanted to short this but it doesn't look ready yet so we'll wait for confirmation or for this to target the higher region which is illustrated on the chart and then test the short trade with a small lot to start.
Its going to be a really interesting end to the week!
From this morning in Camelot:
XAUUSD 13/04/22 1H
Support: 1969 / 1960 / 1950 / 1945-47 / 1941
Resistance: 1975 / 1979 / 1984 / 1995 / 1998
KOGs Bias for the day:
Neutral
Summary:
We’ve managed to catch this move up, then down into support and now up again, point to point. We’re not going to go long up here even though we have a target above.