XAUUSD is currently in fibonacci 1.618 area and have the ABC movement. After Donald Trump wins the election, DXY becomes quite strong which push the gold move downward after reaching all time high before
I am seeing XAUUSD will move up because we expect Fed will cut the rate
Waiting for confirmation in M15 to create new high and put the stop loss in 2630-2640 area and XAUUSD shuold not break the downward trendline.
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.