https://www.tradingview.com/chart/XAUUSD/3pXzWVHc-XAUUSD-KOG-REPORT/

The KOG Report has been published on TradingView. Please do support the free analysis by hitting the like button 🙏

If you sold now's the time to take profits and protect the trade. We'll wait to go long, the short was enough for now.

This is why we said we're not going long yet. We identified a structure on the chart which told us this morning it was going lower.

Now we're approaching FOMC and some may say its priced in. The market is delicate and we have lower targets on Gold. We would like to see these complete before any attempt to retrace the move. The market is aggressive and volatile, if you're new to trading try to stay away until next week, cash is a position in the market remember that!

We'll release the FOMC KOG Report tomorrow an hour or so before the the statement. No trading up until then for us, even in Camelot we're concentrating on active targets with no new trade ideas until late in the US Session IF we see some high probability trades.