As long as it stays above the "Red lines," I reckon XAU will keep climbing to the "Potential weekly target" zone.
I would SELL ALL IN later if President Trump wins the presidential election.
Catalyst:
- Fed Chair Powell Speaks
- US Unemployment Claims
- US CB Leading Index m/m
- Flash Manufacturing PMI
- Trump-Breaking News
This analysis fails if XAU breakout and close below the "Red lines"
I would SELL ALL IN later if President Trump wins the presidential election.
Catalyst:
- Fed Chair Powell Speaks
- US Unemployment Claims
- US CB Leading Index m/m
- Flash Manufacturing PMI
- Trump-Breaking News
This analysis fails if XAU breakout and close below the "Red lines"
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Upgrade Your Trading Station with Gold Cartel
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.