Forex Trading Library

Uptick On Gold but is it Enough to Break $1900?

Name: Uptick On Gold but is it Enough to Break $1900?
Uploaded: 2023-08-22
Channel: David Kindley
Description: After some positive sessions, Gold seems to have found a slight correction in price action.With a bearish channel confirmed, will the yellow metal remain under pressure at $1900?Fed Chair Powell could shake up the markets with his testimony on Friday

By David Kindley Last updated Feb 2, 2026 66 0

After some positive sessions, Gold seems to have found a slight correction in price action.

With a bearish channel confirmed, will the yellow metal remain under pressure at $1900?

Fed Chair Powell could shake up the markets with his testimony on Friday, but until then, will there be any more surprises in the metal market?

XAUUSD 01:35
DXY 03:00

commodities

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.

Intraday Analysis – USD Holds Onto Gains 22-08-2023

Global Flash August PMIs and Market Sentiment Shift