XAUUSD - KOG REPORT UPDATE:

End of day update from us here at KOG.

We're going to stick with the plan and this FOMC chart which shows the target we are looking for. Price has give scalper numerous opportunities to long the low from the range pivot and main MA's, but this can only last so long! 1655 is an important level and the range low, price above this level as shown on the chart will take this upwards, a break of this level and we'll look for the lower level to get in again.

From Camelot this morning:

XAUUSD 22/09/22 1H

Support: 1665 / 1660 / 1655 / 1650 / 1647 / 1643

Resistance: 1677 / 1680 / 1686 / 1691 / 1694

KOGs Bias for the day:

Bullish above 1655 with targets above 1680, 1685 and above that 1695

Bearish on break and close of 1655, targets below 1645 and below that 1640

Summary:

Price is now back in the same range after the FOMC movement yesterday. They’ve filled the void below and left the one above so there’s a chance we’re going to see this head to the upside. Shorts with caution, bias on the longs.