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Gold Spot / U.S. Dollar
Short
Nov 6, 2024
Gold Top Defined.
1
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Grab this chart
As the presidential election has almost concluded. We can expect gold to be bearish from here on out due DXY picking up strength.
Also on the technical side, we can observe Gold making a Head and Shoulder pattern with a 4HR RSI Divergence.
We can now short gold on the retracement of the move down or the candle closing below the dotted neckline.
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Bearish Patterns
Bullish Patterns
DXY
election
Gold
Technical Indicators
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Trend Analysis
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