Precious metals advance during the US Election Day. Gold trades 0.8% higher, silver adds 0.7% and platinum rallies 1.5%. US dollar weakness plays a major role. Taking a look at GOLD at D1 interval, we can see that the commodity is trading in an interesting place. Price has been on the rise for three days now and is approaching the upper limit of a descending triangle pattern. Should we see a break higher, gold may rally towards $1,930, an area where sellers have intervened twice recently.
Source: xStation5
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