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StockWatch: Gold to Test $1900 Again?

Name: StockWatch: Gold to Test $1900 Again?
Uploaded: 2022-04-06
Channel: David Kindley
Description: Gold is looking for another downturn towards the $1900 handle as traders await the FOMC minutes.Conversely, the greenback hit its highest level in nearly two years as the $100 zone looks to be tested.WTI looks towards another shake-up as the EIA inve

By David Kindley On Apr 6, 2022 474 0

Gold is looking for another downturn towards the $1900 handle as traders await the FOMC minutes.

Conversely, the greenback hit its highest level in nearly two years as the $100 zone looks to be tested.

WTI looks towards another shake-up as the EIA inventories loom.

Let’s see if any surprises are in store as we head into the middle of the trading week!

Timestamps:

GOLD 01:50
WTI 03:05

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Crude Oil WTI EIA Federal Reserve (FED)FOMC Gold stocks US Dollar (USD)

David Kindley

Market Strategist at Orbex David Kindley is a renowned fundamental analyst with over 10 years of trading experience in the financial markets. With a keen eye for macroeconomics and a special focus on trading psychology, David is passionate about helping everyday investors make informed trading decisions through his thorough research and analysis.

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