XAUUSD - KOG REPORT UPDATE:

End of day update from us here at KOG:

Been a fantastic week so far so we're taking our foot of the peddle a bit now in preparation for NFP tomorrow. 1625-20 now becomes a support level so above that we would say price should take a bit of a rest before another potential decline in to the lower levels. We're sticking with the plan for now but lets see what tomorrow brings.

From Camelot this morning:

XAUUSD 03/11/22 1H

Support: 1620 / 1613 / 1610 / 1604 / 1597

Resistance: 1630 / 1636 / 1640 / 1643

KOGs Bias for the day:

Bearish below 1645 with targets below 1620 and below that 1613

Bullish on break of 1655 with targets above 1665 and above that 1680

Summary:

Try not to short it down here, price needs a retracement to at least the 1630 region. We’ll continue with the plan, looking higher if we want to short it again.