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Image: Rene Böhmer on Unsplash
Gold has been bullish since mid July and the US election has certainly played with confidence in the established safe haven. The gambling on Tuesday saw the safer plays in XAUUSD as November 3rd had a low of 1887.19 and hit a high of 1952.77 on Thursday amid the turmoil politically. 2,000 is the level to watch for bulls because who doesn't like a nice, round number?
XAUUSD will open at 1951.92 today.