Analytics

The market froze in anticipation of the main event of the fall - the US presidential election. As a warm up before the election there will be meetings of three Central Banks at once and a fairly large block of important macroeconomic statistics from the United States.

WTI

Analysis method - “Trend Potential”  

EURUSD

Analysis method - “Trend Potential”  

XAUUSD

Analysis method - “Gann Swings + Price Action”

GBPUSD

Analysis method - “Gann Swings + Price Action”  

XAUUSD

Gold and major stock indexes are holding in a narrow flat today.    The current fundamental outlook is moderately negative. We consider shorts with very moderate risks from the level of 1906.00.  

Donald Trump and Joe Biden last held a debate in anticipation of the November 3 presidential election.

XAUUSD

Gold moved lower on the upbeat US data.   

GBPUSD

Bulls took a breather after a strong rally.