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Gold to Hit More Resistance at $1950?

Name: Gold to Hit More Resistance at $1950?
Uploaded: 2023-09-12
Channel: David Kindley
Description: The yellow metal continues consolidating as economists bank on another move to $1950.Soft greenback price action and looming recession risks continue to offer some support.With the US CPI date on Wednesday looking to throw up some surprises, will we

VideoTechnical Analysis

By David Kindley On Sep 12, 2023

The yellow metal continues consolidating as economists bank on another move to $1950.

Soft greenback price action and looming recession risks continue to offer some support.

With the US CPI date on Wednesday looking to throw up some surprises, will we see heavy volatility on the pair?

Timestamps

XAUUSD 01:35

DXY 03:00

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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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