This is what I can see now. Many things can change it, especialy news !
We still need a lot of time for the final results of the elections, till then we already have an idea. But we are almost certain that tomorrow's CPIs will shake up the market for good
In my chart I think you can clearly see what I'm expecting. Have a nice trade.
For sure USD is the big player of the market those days. For Monday I 'm expecting more UP. Target 114.00 at least.
If there is a corelation with Gold I expect that USDX will fill the last gap and continue to upper fibo's. This will push somehow gold maybe 10 to 20$ down. In the other hand, if DX lost psyhological 108 maybe we will see Gold at 1745.
I expect that will go to 50% fibo and then back to my drawing support line. When ISM will be publish I expect that will brake the support and go more down.
In Low TF I can see a movement if it will follow the Fibo.
I think that Gold will move inside support and ressistance lines and inside the the blue channel.