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Gold Finds Support Ahead of Inflation Data!

Name: Gold Finds Support Ahead of Inflation Data!
Uploaded: 2023-05-08
Channel: David Kindley
Description: The yellow metal remains on the front foot after holding about the $2K level.A strong NFP report saw gold slide on Friday, however, it maintains its bullish run.However, CPI data could put a halt to a progressive dollar if we see an upturn in inflati

By David Kindley Last updated Feb 9, 2026 94 0

The yellow metal remains on the front foot after holding about the $2K level.

A strong NFP report saw gold slide on Friday, however, it maintains its bullish run.

However, CPI data could put a halt to a progressive dollar if we see an upturn in inflation.

Timestamps
XAUUSD 02:00
DXY 03:25

Gold XAU

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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