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Gold Consolidates as Dollar Jumps!

Name: Gold Consolidates as Dollar Jumps!
Uploaded: 2023-08-01
Channel: David Kindley
Description: Gold remained consolidated after falling away from 2-month highs yesterday.Manufacturing PMI for July could give a clear direction for the yellow metal.With the greenback progressing in the last few sessions, will we see any surprises before the NFP?

By David Kindley Last updated Aug 25, 2023 81 0

Gold remained consolidated after falling away from 2-month highs yesterday.

Manufacturing PMI for July could give a clear direction for the yellow metal.

With the greenback progressing in the last few sessions, will we see any surprises before the NFP?

Timestamps

#XAUUSD 01:45

#DXY 02:55

commodities Gold US Dollar (USD)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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