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XAU/USD (Gold) Post Election Moves Explained
Gold Spot / U.S. Dollar
XAU/USD (Gold) Post Election Moves Explained
By WillSebastian
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Updated
Nov 6
6
Nov 6
USD favour gave way to precious metal falls, mainly from Gold.
Gold has been routinely resilient and is rebounding from early support.
Would not be shocked if we re-rise back to keep resistance as labelled. New shorts may be ideal there/at highs. No real heavy shorts.
Kill Longs at the same area.
Nov 6
Trade active
Would also not be surprised if we dip under local low on weak demand.
Chart Patterns
Technical Indicators
Trend Analysis
WillSebastian
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