From TradingView · · 50s
Gold Pivots Week Review
Gold prices rose $190 this week as midterm elections and economic data drove volatility.
In brief
Gold prices rose $190 this week as midterm elections and economic data drove volatility. Gold closed at 4063 after spiking to 4147 during midterm elections and economic data releases. Originally reported by TradingView.
Week in One Line
Gold opened at 3875, ran to 4147 on the US midterms, gave some back on the Nasdaq selloff and hot jobs data, and closed the week around 4063, up about $190.
Day by Day
Monday: No trade. Tuesday: +$105.70. Wednesday: +$118. Thursday: -$90. Friday: +$19.50.
Weekly Scorecard
4 plays reached, 0 stopped, +$125.20 net gain since 21 September.
Position System
Daily short from 4282 closed at 4083, +$199.62 locked in.
Next Week Targets
4090-4100: bounce line. 4180-4220: battle point. 4023-4025: trigger.
What it means
Gold closed at 4063 after spiking to 4147 during midterm elections and economic data releases.
