XAUUSD 1H - Levels

Quick end of day update from us here at KOG:

We followed the structure and plotted the daily range this morning in Camelot, we knew Excalibur was short from earlier in the week but didn't get the higher entry we wanted to short it into to the range low like we wanted. Either way, we still got the short and the range low held well giving over 100pips so far from the the entry level. We still have further indications of a low to come but its really not worth trading it now seeing as its the end of play on a Friday. We'll leave you with what to look for in the remainder of the session as long as price stays within the range, and of course unless there is a late Friday buy in that moves the market.

Been a decent week on Gold even though we've seen some really choppy price action which has caused traders a lot of stress. We're out now and will be back on Sunday with the KOG Report for the week ahead.

Wishing everyone following us a great weekend, see you next week for another week on the markets.

As always, trade safe.

KOG