XAUUSD - Stops Swept - Trump Win They are so crafty all this is rigged to get fuel to head higher.
Larger stop the better. 1:1 perfect if u wana sleep at night.
Looks like Trump Gona Win
Simple Question to GTP
"Oy what is likey hood Gold Bullish or Weaker after Trump Win."
If Donald Trump were to win the election, several of his policies could potentially influence the price of gold. Here’s a breakdown of how those policies might impact gold’s direction:
Economic Uncertainty: Trump's policies, especially regarding trade, taxes, and deregulation, often create volatility in the markets. Gold, seen as a safe-haven asset, tends to benefit from periods of economic uncertainty or market instability, which could push prices higher.
Dollar Strength: Trump has previously advocated for a weaker dollar to boost U.S. exports. A weaker dollar generally supports gold prices, as it makes gold cheaper for international buyers.
Inflation Expectations: Trump's focus on economic growth, including potential infrastructure spending, could lead to increased inflationary pressures. Higher inflation tends to increase demand for gold as a hedge.
Interest Rate Impact: If Trump's policies lead to economic growth without aggressive rate hikes from the Federal Reserve, gold could benefit. Low interest rates reduce the opportunity cost of holding non-yielding assets like gold.
In summary, if Trump’s policies focus on economic growth with lower interest rates and a weaker dollar, it would likely support a bullish outlook for gold. However, any shift in policies or unexpected geopolitical developments could change the scenario.
Inflation never stops.