XAUUSDDXYBTCUSD Idea:Going Long on Gold During the … Tomorrow, gold is expected to experience significant volatility, as market sentiment may be influenced by a range of events, particularly the outcome of the elections. Based on the current technical setup, my plan is to maintain a bullish bias in the short term, especially if gold continues its upward trend. However, if the election results turn out to be unfavorable for the bulls and the market reverses, I will add short positions to my existing bullish trades to capitalize on potential downside risks. I will closely monitor price movements and adjust my strategy based on market reactions.
Additionally, after the end of this week, given the increasing market uncertainty, my focus will shift to short positions, with the aim of targeting the 2686-2652 range. This area is likely to provide strong support and will be an important level to watch.
I’ve been actively trading for over 8 years across Forex, Crypto, and Options, and I’m always looking to connect with other traders to exchange ideas , learn and build valuable network. I’d love to hear about your trading journey—what markets have you focused on? What strategies or tools have you found most effective? & what motivates you?
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BTCUSDT With more polymarket whales betting on a Trump win, Trump's odds rebounded significantly to 60% and are currently at 58%. Harris has a 41% chance of winning, about 17% less than Trump
BTCUSDT Bitcoin spot ETF had a total net outflow of $541 million yesterday, November 4, the second highest single-day net outflow in history. The highest single-day net outflow was $563 million on May 2. Ethereum spot ETF had a total net outflow of $63.2238 million yesterday