Mihai_Iacob

Gold- caught between Biden and Trump

Singkat
OANDA:XAUUSD   Emas Semerta / Dolar A.S.
As expected, Gold was very volatile and every poll influenced the price. Today's top is 1916 and low 1883 with a 330 pips range till now.
I expect volatility to continue through the day and we should have a clarification, hopefully, on NY close.
From the technical point of view, the price is still bearish (And so am I), and the incapacity to hold above 1900 zone would put strong pressure to the downside.
A daily close under 1890 should accelerate losses and the first target would be 1850 zone but, as I said in my previous commentaries, I would not be surprised if the drop will reach 1800.
In case of a close above 1900 Gold can be stuck in a range between 1880 and 1920

🚀 Elevate your trades with a 20-year market veteran!

📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals

💎 Crypto Channel:
t.me/FanCryptocurrency

🌟 Premium Contact:
t.me/IacobMihai
Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.