Gold Amid US Election Results
Gold Amid US Election Results
Today, the US dollar is showing slight weakness across the currency board as the market focuses on the US election results. Experts believe it might take at least a few days before there is a clear winner.
Gold, on the other hand, is in a strong bullish trend and tends to make unpredictable moves, especially when the market is uncertain about USD strength.
The time it can take for the election results could allow gold to rise further and dominated by bullish volume, as indicated on the chart.
Strong resistance zones are anticipated near 2756, 2769, and 2787.
It is possible that significant manipulation could push gold to 2800 this time.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Today, the US dollar is showing slight weakness across the currency board as the market focuses on the US election results. Experts believe it might take at least a few days before there is a clear winner.
Gold, on the other hand, is in a strong bullish trend and tends to make unpredictable moves, especially when the market is uncertain about USD strength.
The time it can take for the election results could allow gold to rise further and dominated by bullish volume, as indicated on the chart.
Strong resistance zones are anticipated near 2756, 2769, and 2787.
It is possible that significant manipulation could push gold to 2800 this time.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
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