Republican Donald Trump faced Democratic challenger Joe Biden on Tuesday in the US presidential election. There are 538 Electoral College votes allotted to the 50 states and the District of Columbia. It takes 270 votes to win.
Gold price
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82% of the Retail Gold Traders are Net Long Gold – Neal Bhai Reports
Gold Traders : Gold prices rebounded from a key support level of US$ 1,870 amid favorable market sentiment as traders counted down to the US election.
US PRESIDENTIAL ELECTION TO DICTATE GOLD PRICE ACTION
Gold Price Action : Gold’s inverse relationship with the US Dollar could see the precious metal continue to track lower in the near-term, given that the upcoming US presidential election on November 3 will more than likely stoke volatility up until the point that a winner is announced.
Gold Spot : Buy Above $1858, Target $1900 — $1920 (Buy 1000—500 Lots)
Gold Spot : Buy Above $1858, Target $1900 — $1920 (Buy 1000—500 Lots)
GOLD PRICE DAILY CHART – DESCENDING TRIANGLE IN PLAY?
Gold prices had coiled into a falling wedge pattern but a failed break has muddied the outlook (2020)
Gold prices looked primed for a topside break out last week as it coiled into a falling wedge formation. The pattern was marked by a descending trendline to the topside, derived from the August high, and a trendline on the lower end around the $1,850 mark.