Forexic

Forexic Updated 

As long as the red support line holds we could expect consolidation inside the triangle and then the price will go up after the election but if the red support line doesn't hold then the price could go under 1800, the target area could be the red triangle.

Forexic Updated 

Traders who keep a watchful eye on gold price forecasts, watch and see if the price will push up the blue area in the chart as I think the major resistance trend lines are broken up and the price will soon form a new bullish trend.