HOW TO TRADE THE US ELECTION on Gold. Both scenario Trump or Biden win. wait for a intialy h1 spike solid closed candle before placing a trade
Its also possible for gold to spike even if biden wins becos gold tends to spike during uncertainty. It really comes down to market sentiment.
FYI i do not care who wins, im here to profit from the election. last 2016 election i made 25kusd trading the 60-70usd spike on gold.
SPX500/US500 is positive for the year and last 3 months also positive which signals the market has confidence that Trump has higher odd of winning. This is forcast is purely based on data.
NEWBIE TIP: DO NOT OPEN A TRADE before the spike. im expecting 80-90usd spike, it will destroy you
Comment
⋅
the spike can go either way btw, regardless of who wins, becos this years market sentiment is kinda hard to gauge. This is just whats likely to happen becos right now gold has a slight correlation with us500/spx
Comment
⋅
Gold likely to spike up regardless of who wins due to uncertainty with this election and court contest on the results. good luck
Comment
⋅
GOLD moving exactly like the light blue line becos results still undecided!