THE KOG REPORT - Update

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THE KOG REPORT - UpdateXAU/USD Spot - GoldFX:XAUUSDKnightsofGoldEnd of day update from us here at KOG: Yesterday we gave the KOG Report chart together with the 1H update which showed the path into the higher defence box which completed. We suggested that if we don't break above, we were likely to see the continuation of the 4H chart and get another swoop of that low into the 4310-08 region which also completed. We're now below defence with our ideal target level for the move from Sundays' KOG Report below. We're a bit low here to get in short, so now it's a matter of watching for signs of a reversal to then target that liquidity pool around the 4310 level. For now, no changes to the plan, let's see if we can complete that target level over the Asia session. As always, trade safe. KOG