During the debate, if Harris prevails, gold prices will continue to rise; otherwise, they may pull back. Considering that gold prices have just broken through the 2505 blockade, bullish momentum is strong. Maintain a bullish trend before inflation is released. However, if core inflation is higher than or equal to 3.1% year-on-year, gold prices are prone to a false breakout and continued decline, just like last week’s non-agricultural market.
Trading strategy: bullish in the early trading, the potential turning point is the inflation data in the evening
Resistance reference: 2520-2525 (beware of false breakouts)
Support reference: 2515; 2508
XAUUSD 15-minute chart:1st_place_medal:
