Agink

GOLD REVIEW- election volatility

Short
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
volatility is used to wipe out small margin traders who do not use risk management.

our previous analysis was voided on the second play, our first play prediction was respect. The elections indicate that if biden wins, the dollar weakens, the chart currently broke out of a consolidation with a rising candle, failure to hold the 1930 in the next week it could mean XAUUSD goto new lows.

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