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Gold Heads for the $1800 Handle!

Name: Gold Heads for the $1800 Handle!
Uploaded: 2022-08-02
Channel: David Kindley
Description: Gold turns positive for the fifth straight session as it closes in on the $1800 region.Recession fears and further Fed hikes seem to cause a turnaround in the dollar.With NFP predictions looking bleak, will this be another cause for traders to shift

By David Kindley Last updated Sep 6, 2022 531 0

Gold turns positive for the fifth straight session as it closes in on the $1800 region.

Recession fears and further Fed hikes seem to cause a turnaround in the dollar.

With NFP predictions looking bleak, will this be another cause for traders to shift their attention back to the safe haven metal?

Timestamps
XAUUSD 01:50
WTI 03:10

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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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