XAUUSD - KOG REPORT UPDATE:

Quick morning update:

A lot of traders have been caught off guard with this move. You can see from the KOG Report chart we published on Sunday that we've now approached the level we wanted. So what now? This an important test on support, you can see its trying to break below and if achieved then we will be looking to target that liquidity pool which is sitting below.

For now, we're hitting our short targets with no indication of an aggressive turn. We will remain with the plan from the KOG Report.

We'll update again later in the day.

As always, trade safe.

KOG