Excited for this week of trading. Gold may be moving too the upside pre US Presidential Election. Post election, I predict the same. For now i'm going to focus on this week. Gold has formed a Bullish Triangle on the Daily Time-frame, which supports my Long bias. Price reacted bearishly the last two days of last week, but still supported a higher low. I predict a rise to $1920 Resistance, then $1960 if break & close above that level. If price decides to decline when market opens, I think possible level of support would be a little lower than $1865.00. I believe a MAJOR pullback will occur if that happens in my opinion. This long analysis is only valid if break & close above $1930 occurs.
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What do you think Gold will do pre & post US Presidential Election??
Support My Analysis With A Like If You Agree
What do you think Gold will do pre & post US Presidential Election??
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.