Gold Weekly Forensic - Precious Metal Still Bullish

We are entering critical week for US Presidential Elections & News will be a critical moving factor for all asset class, including gold. Looking at its weekly chart, gold still have bullish outlook, even though daily Corrections is looking more bearish. Also, gold is entering a bullish seasonality between November (especially December) - February.

We saw last trading week completing a L-H structure (7), before gold can become bearish on weekly, Swing Low at (3) needs to be taken out & not (6). A break below (6) towards 1800 with a price rejection gives better buying opportunity for a re-test of Swing-H at (5) or above.

For now, gold is still creating H-H, yet to break a low; however, showing slight weakness with the L-H recently formed. Overall weekly structure remains bullish.

N.B
- Let emotions and sentiments work for you
-ALWAYS Use Proper Risk Management In Your Trades