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Gold Heading to $1900 as Fed Hikes Expected!

Name: Gold Heading to $1900 as Fed Hikes Expected!
Uploaded: 2023-09-14
Channel: David Kindley
Description: Gold saw a confirmed downturn as US inflationary pressures kept prices subdued.Jobless claims and retail sales could push the yellow metal even further.With the $1900 area in sight, could this turn out to be a support handle for bulls?TimestampsXAUUS

VideoTechnical Analysis

By David Kindley On Sep 14, 2023

Gold saw a confirmed downturn as US inflationary pressures kept prices subdued.

Jobless claims and retail sales could push the yellow metal even further.

With the $1900 area in sight, could this turn out to be a support handle for bulls?

Timestamps

XAUUSD 01:35

EURUSD 03:00

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Gold Inflation US usd

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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