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XAUUSD SELL NOW 2598 TP 2595 TP  2590 CONFIRM TP  2588 OPEN SL :2607

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XAUUSD SELL NOW 2769 TP 2664 TP 2760  CONFIRM TP  2655 OPEN SL : 2775

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Trump has also promised to raise trade tariffs on China, which could spark a new trade war between the world's largest economies. Trump is expected to enact more inflationary policies during his tenure, likely based on interest rates.

XAUUSD D1 chart

Investors expect the Fed to cut interest rates by 25 basis points (bps) this week. However, if Donald Trump wins the presidential election, the Fed may limit its rate reduction program due to concerns about the inflationary impact of Trump's economic policies. Meanwhile, US trade deficits hit their highest level in nearly two and a half years in September.

Trump is the only president whose term the US has not been involved in a new war. Therefore, it is assumed that the Ukraine Russia war can be resolved if Trump comes to power. Don't expect the Gaza war to improve, though

TRUMP: This is a great victory for the American people Donald Trump addresses supporters at the Palm Beach Convention Center