Gold Spot / U.S. Dollar
Long
Updated

Long To ATH

290
As you can see in front of you, the SMC structure is drawn. After the market took inducement, the price made a raid on the H4 POI, consolidated there for a long time, built liquidity, and finally swept this support. This image suggests that gold, after taking IRL, will now make a raid on ERL. Since the U.S. election is today, the market might also make a panic move, so please manage risk accordingly.

Disclaimer:
This analysis is provided for informational purposes only and should not be considered financial advice. Trading involves substantial risk and may not be suitable for every investor. Market movements, especially during events like elections, can be unpredictable. Always conduct your own research and manage risk carefully. Past performance is not indicative of future results.
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