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Gold Loses $100 as $1800 Looms

Name: Gold Loses $100 as $1800 Looms
Uploaded: 2023-10-03
Channel: David Kindley
Description: Gold continued falling for the seventh straight session, dropping to a fresh multi-month low.Hawkish Fed expectations weighed on the yellow metal as the sell-off proceeded.Could Gold now see some support, or will it crash further downwards? Time

VideoTechnical Analysis

By David Kindley Last updated Nov 1, 2023

Gold continued falling for the seventh straight session, dropping to a fresh multi-month low.

Hawkish Fed expectations weighed on the yellow metal as the sell-off proceeded.

Could Gold now see some support, or will it crash further downwards?

Timestamps

XAUUSD 01:25

DXY 03:05

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Fed 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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