GOLD - The SENSITIVE movement is ahead

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Generally, the direction is an uptrend, and the sensitive movement is ahead.

Gold traded in a narrow range on Tuesday as investors stayed away from taking big positions ahead of the U.S. presidential election and the Federal Reserve policy meeting later this week.

Downtrend Side: For the bearish trend to materialize, the price must break below 2733 and cross 2714, particularly if a 4-hour candle closes beneath this level.

Uptrend Side: We are observing an uptrend towards 2757. A break above this level could lead to further gains, potentially reaching 2778 and 2787.

Correction: currently we are heading the bullish trend toward 2757 as a correction.

Tendency Keys: 2733
Transakcja zamknięta: osiągnięto wyznaczony cel
The price has declined. A break below 2733 will confirm the bearish trend. Please be cautious of sudden movements, as the market is highly volatile due to the US elections.The price has declined. A break below 2733 will confirm the bearish trend. Please be cautious of sudden movements, as the market is highly volatile due to the US elections.
Transakcja zamknięta: osiągnięto wyznaczony cel
based on our analyses, the price fell and reached full target by +420 pip.
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