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Gold Finds Support as Recovery Begins!

Name: Gold Finds Support as Recovery Begins!
Uploaded: 2022-05-23
Channel: David Kindley
Description: Gold has seen a recent bounce in the last few sessions to support confirmation above the $1800 handle.The yellow metal has been under pressure for the majority of Q2, as the greenback saw a turnaround in fortunes.However, it seems that now the dollar

By David Kindley On May 23, 2022 659 0

Gold has seen a recent bounce in the last few sessions to support confirmation above the $1800 handle.

The yellow metal has been under pressure for the majority of Q2, as the greenback saw a turnaround in fortunes.

However, it seems that now the dollar has lost momentum, giving the baton to gold as we now look to the $1900 level.

Timestamps

XAUUSD 01:45

WTI 03:50

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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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