- Price: XAUUSD near $4,114, day range $4,058-$4,147, up about 1.3% on the day.
- Trend: Bullish while holding above $4,100; next test $4,133-$4,147.
- Support: $4,100 / $4,058 / $4,000
- Resistance: $4,133 / $4,147 / $4,155
- Fundamental: Weaker US dollar and lower 10-year Treasury yield near 4.88% after the Democratic midterm sweep; markets eye Friday's US jobs report and December Fed expectations.
- Geopolitical: Midterm result eased fears of further escalation in the Iran conflict, pushing oil lower and supporting gold's safe-haven appeal.
- Outlook: Steady above $4,100 into payrolls; a break above $4,147 could open $4,155, while losing $4,100 risks a pullback toward $4,058.
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Disclaimer: This analysis is for education and information only, not financial advice.
@Mr_Charlie_007

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