Gold Volatility Outlook: Wave B in Focus for Midweek
Gold volatility is expected to peak around the presidential election.
According to Fibonacci levels, the fifth wave and wave A have both completed.
The price, currently near the lower boundary of the uptrend channel, marks the start of wave B, which is projected to move toward the channel's midline.
A subsequent downtrend from this midline could potentially bring the price to around 2703.
According to Fibonacci levels, the fifth wave and wave A have both completed.
The price, currently near the lower boundary of the uptrend channel, marks the start of wave B, which is projected to move toward the channel's midline.
A subsequent downtrend from this midline could potentially bring the price to around 2703.
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