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Orbex: Gold Drops as $2K Becomes Resistance! #marketinsights

Name: Orbex: Gold Drops as $2K Becomes Resistance! #marketinsights
Uploaded: 2023-05-18
Channel: David Kindley
Description: Gold dropped below the psychological $2K level as a firm dollar, and Treasury yields remained on the front foot.With debt-ceiling negotiations continuing, the threat of potential defaults has pushed up treasury yields.Will Gold now see firm resistanc

By David Kindley Last updated Dec 3, 2025 101 0

Gold dropped below the psychological $2K level as a firm dollar, and Treasury yields remained on the front foot.

With debt-ceiling negotiations continuing, the threat of potential defaults has pushed up treasury yields.

Will Gold now see firm resistance at $2k, or is a reversal around the corner?

Timestamps
XAUUSD 01:30
DXY 03:05

Gold

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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