Forex Trading Library

Gold Slumps $70 as the Sell-Off Continues

Name: Gold Slumps $70 as the Sell-Off Continues
Uploaded: 2023-11-13
Channel: David Kindley
Description: Gold hit a three-week low as the safe haven status continued to fade.With CPI data expected to be progressive this week, traders turned to the power of the greenback.As the sell-off continues, will we see a test at the $1900 area before the end of th

By David Kindley Last updated Feb 13, 2026 66 0

Gold hit a three-week low as the safe haven status continued to fade.

With CPI data expected to be progressive this week, traders turned to the power of the greenback.

As the sell-off continues, will we see a test at the $1900 area before the end of the week?

Timestamps

XAUUSD 01:25

DXY 02:55

CPI 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.

Intraday Analysis – USD holds onto gains 13-11-2023

US CPI To Set the Stage for the Fed