Demand Surge Post-Election Towards $2690s,Imbalance Target@2720s
Following structural supply mitigation around $2640 in response to the recent U.S. presidential election, gold prices are pushing towards the supply level in the 2690s. As the DXY strengthens, gold's upward momentum is expected to yield to further supply. Looking into the new week, there’s anticipation of an imbalance at the $2720 zone being addressed, while the area below $2660 remains unbalanced. This setup aligns with Akcapitals' hedge, guiding potential moves as market dynamics evolve . follow for more insight's , comment and boost idea . THANKS
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