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Gold Moves Higher as Oil Feels the Pressure

Name: Gold Moves Higher as Oil Feels the Pressure
Uploaded: 2023-10-27
Channel: David Kindley
Description: Gold held on for some positive ground for the third consecutive day as the $2,000 level is in sight.As Oil prepares for another downswing, will the black gold begin to test the $80 handle?With the Fed on course for another hike soon, will we see more

By David Kindley Last updated Feb 9, 2026 60 0

Gold held on for some positive ground for the third consecutive day as the $2,000 level is in sight.

As Oil prepares for another downswing, will the black gold begin to test the $80 handle?

With the Fed on course for another hike soon, will we see more unpredictability in the market?

Timestamps

XAUUSD 01:10

WTI 02:50

Federal Reserve (FED)

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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