According to my quarterly shift analysis (Per ICT's teachings), I expect the current up trend of Gold to continue until early November, which aligns with the date of the USA Presidential elections. By November 5th of 6th or near these days, I expect XAUUSD to start a new move. It could be a 3-4 month range or a 3-4 month bear move.
I vote for the bear move.
Disclaimer: This is a long term analysis, do not use this as a signal. Combine it with your own analysis.
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.