Gold Prices Tumble as Investors Book Profits Amid US Election and Fed Policy Uncertainty

Gold prices fell due to profit booking.

Uncertainty Weighs on Gold Prices: US Election and Fed Policy

US election and Fed policy uncertainty.

Expert Trading Tips and Analysis for Gold, Silver, Crude Oil, and Natural Gas

• Gold Trading Tips: Buy gold futures on dips.
• Silver Trading Tips: Watch for breakout above $18.50.
• XAUUSD Trading Tips: Buy on dips.
• Crude Oil Trading Tips: Monitor oil supply.
• Natural Gas Trading Tips: Track weather forecasts.

Key Market Data:

• Gold prices fell 1.5% to $1,485/oz
• US dollar index rose 0.2% to 104.80
• US Treasury yields increased to 4.52%

Market Outlook:

The current market sentiment is bearish for gold.

Technical Analysis: Gold Prices

• Support levels: $1,480, $1,460
• Resistance levels: $1,500, $1,520

What’s Next for Gold Prices?

Investors await US election results.

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Additional Sections:

How to Trade Gold Amid US Election Uncertainty

Impact of Fed Policy Uncertainty on Gold Markets