XAUUSD - KOG REPORT UPDATE:

End of day update from us here at KOG:

As illustrated and planned we got the higher level we wanted, and just like that, as we like to say at KOG, TAP AND BOUNCE! Perfectly rejected the resistance region and the decline started. There was also a pattern identified yesterday where we suggested Camelot traders refrain from going long and if there was any bias it would be short. Now, looks like we're approaching the level we initially wanted to support for us to go long, will we support there and see a reaction in price? Tomorrow is a really important day, we have triple witching as well, so expect extreme swings and choppy price action.

Anything we trade now is a bonus, the trade was done into the target above and then the short if you took it.

As always, trade safe.

KOG