What is the impact on gold after the dust settles in the US election?

   The exciting American election finally took place in Biden's269The vote is ahead of Trump. Although the U.S. election may still face Trump's legal proceedings, Biden's victory will ease the pressure of economic and trade conflicts between China and the United States in the short term, but it will not change the extensive foundation of intensified competition between China and the United States and the strong attitude of the United States toward China. For China, the most important thing is still to "do your own thing".

        话不多说我们来看看今日现货gold，看一日图金价早间以1951Supported by the opening price, it continues to break through the Bollinger Belt and arrive on the track upwards1963Nearby,KLine from5After breaking through the support of the upper track and reaching the upper part of the upper track, the sun has gradually shown a bullish trend. Looking at the four hour chart, the support of the middle rail is not enough, and the resistance to the upper rail is not strong,KThe fluctuation of the line is not obvious, and the market is mostly turbulent at this time. Looking at it for another hour, since the morning openingKThe line has always been between the upper and middle tracks of the Bollinger Belt,MCADLong period and short period lines are clearly stuck together.RSIThe indicators are also significantly adhesive.file:///C:\Users\z4138\AppData\Local\Temp\ksohtml16500\wps8.jpg

Operational suggestions;

My personal suggestion is not to rush short or long. The market is adjusting and should be observed before making a decision.

Special statement: The above views and analysis only represent the author's personal thoughts and are not used as a basis for trading. Any actions taken based on this will be at the author's own risk. Investment carries risks and entry into the market requires caution.