On October 25, the author shared a bearish mid-term outlook for gold, anticipating downward pressure. Today, influenced by the U.S. election, gold prices dropped sharply, entering a mid-term bear market. With political factors affecting sentiment and reduced demand for safe-haven assets, coupled with a stronger dollar, the downward trend has intensified. US Election Sends Gold to $2300-$2400，，，，，，，，，，，，，，，，，，，，，，，，，，，，，On October 25, the author shared a bearish mid-term outlook for gold, anticipating downward pressure. Today, influenced by the U.S. election, gold prices dropped sharply, entering a mid-term bear market. With political factors affecting sentiment and reduced demand for safe-haven assets, coupled with a stronger dollar, the downward trend has intensified. The mid-term target range for gold is now set at $2300-$2400. In this range, volatility is expected, yet the overall bearish pressure remains strong. As election results settle, further market adjustments may follow. mid-term target range for gold is now set at $2300-$2400. In this range, volatility is expected, yet the overall bearish pressure remains strong. As election results settle, further market adjustments may follow.