THE KOG REPORT - Update

End of day update from us here at KOG:

A clean move here on Gold, from the high, into the support level, tap and bounce and we're off! We said there would be a gradual incline in the early sessions and we managed to get in long into the bias level, however, suggested traders either take the scalp from the controlled reaction or, they don't short at all.

We're now at crucial price point, with the 2180-85 order region above and support below at the 2168-5 region, which will need to break to then complete the move to the downside.

It's level to level trading folks, which we may be establishing a new range. Lots of news to drive the markets tomorrow, so expect some ranging and choppy price action in the coming sessions.

As always, trade safe.

KOG