طلا → تثبیت بالای 4100…

consolidates above $4,100 ahead of a key vote in the US House of Representatives
on reopening the government. The rise is supported by weak employment data and
expectations of Fed policy easing…
GOLD → The bullish trend continues its movement
/chart/XAUUSD/cw1e5gEQ-GOLD-The-bullish-trend-continues-its-movement/
Key factors: Losses of more than 11,000 jobs per week until the end of October
have heightened concerns about the labor market. The probability of a Fed rate
cut in December has risen to 68%. Lower government bond yields and a weaker
dollar have supported gold.
The resumption of data publication after the shutdown may change market
sentiment (it is important to monitor actual data).
Gold retains its upside potential, but a short-term correction is possible. The
outcome of the vote in Congress will determine the immediate dynamics.
Resistance levels: 4148, 4161
Support levels: 4097, 4075, 4046
If the bulls keep gold above 4100-4120, then in the short term, the market will
be able to test resistance for a breakout. However, as a primary retest, I
expect a rebound before the breakout and growth, provided that the fundamental
background remains unchanged and continues to support the market…
Best regards, R. Linda!
منبع: تریدینگ ویو