1H levels

Source: ForexFactory

8mins to go

Protect your trades, take some profits

Thats 1814 completed members

Stops to entry, majority of profits taken. Now we'll look for resistance

Quick update on what to look for for the remainder of the session. We'll be back tomorrow 🙏

Gold - Something to keep an eye on as well. This is the 4H chart, we had a 1H Excalibur target which was too close to publish but its been hit. There are going to be a lot of sellers here so expect a SL hunter. Break above this trend line and if it turns into support, this is likely going for our 1833 target

XAUUSD:
Date: 12/01/22

Support:
1814/1810/1808/1805/1800/1797

Resistance:
1820/1824/1827/1830/1835

KOGs Bias for the day:
Bullish above 1808-5 with targets of 1820, 1824 and above that 1827

Bearish below 1805 with targets being 1797 and below that 1785

Always remember trendlines are subjective, they can never be exact. We use them for guidance but many traders will draw them differently.

We have a KOG way of drawing trendlines which are a little more exact that we use together with Excalibur.