Gold breaks 2,800
Gold Amid US Election Results
Today, the US dollar is showing slight weakness across the currency board as the market focuses on the US election results. Experts believe it might take at least a few days before there is a clear winner.
Gold, on the other hand, is in a strong bullish trend and tends to make unpredictable moves, especially when the market is uncertain about USD strength.
The time it can take for the election results could allow gold to rise further and dominated by bullish volume, as indicated on the chart.
Today, the US dollar is showing slight weakness across the currency board as the market focuses on the US election results. Experts believe it might take at least a few days before there is a clear winner.
Gold, on the other hand, is in a strong bullish trend and tends to make unpredictable moves, especially when the market is uncertain about USD strength.
The time it can take for the election results could allow gold to rise further and dominated by bullish volume, as indicated on the chart.
Note
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