Gold drops to $2595/oz - close minor correction target for this year's rise

A 23.6% retracement 2023 rise from $1984.09 to $2790.15 is $2600

Sell-off is stretched below $2622 base 20-day Bollinger Bands

Specs pared gold longs in advance U.S. election

Longs reduced from 315k to 255k contracts

Those who booked profits may be tempted to reenter bullish bets