GOLD - It Looks Like The SHORT-TERM SCENARIO is BEGINNING

Обновлено
Generally, the direction is an uptrend, and the sensitive movement is ahead due to the U.S. election.

Gold held steady on Wednesday as investors keenly awaited the outcome of a tightly contested U.S. presidential race.

Downtrend Side: The price has stabilized below 2,733, suggesting a potential decline today. Our initial target is the support level at 2,714. A breach below this level could lead to further declines toward 2,701 and 2,684. However, a confirmed bearish trend would commence only if the price fell below 2,670.

Uptrend Side: We are observing an uptrend towards 2733 as a correction, but a break above this level could lead to further gains, potentially reaching 2757.

Tendency Keys: 2714
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the price reached full target +380 pip
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