Daily analysis for gold 4/11/2024

Nov 4

XAUUSD Good day! With the U.S. election tomorrow, gold’s likely to be pretty volatile. Right now, selling pressure seems strong, with limited upside for buyers. If you’re solid on risk management, consider shorting around the Current market price 2741 Or 2743-47 range, keeping a stop loss above 2752 Targeting 2720. Be cautious though – uncertainty can cause some big wicks. Only look to buy above 2760. Trade safe!

Sell:- Current price 2740 or 2743-47 Target 2720 Sl above 2752

Buy:- Only if gold breaks 2760.

Valid only for today !!