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Is the Gold Correction Over?

Name: Is the Gold Correction Over?
Uploaded: 2022-10-10
Channel: David Kindley
Description: US NFP data has given a green signal to the Fed to continue hiking interest rates.This has given the yellow metal as a significant blow in the fight to remain above $1700.Going forward, the release of the CPI data and FOMC minutes this week should mo

By David Kindley Last updated Oct 10, 2022 479 0

US NFP data has given a green signal to the Fed to continue hiking interest rates.

This has given the yellow metal as a significant blow in the fight to remain above $1700.

Going forward, the release of the CPI data and FOMC minutes this week should move the Dollar, but how much will remain to be seen.

Timestamps
XAUUSD 01:35
USOIL 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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