Forex Trading Library

Another Downturn for Gold as $2K Becomes Support

0 28

Gold prices have trended lower so far this year, with some pessimism still lingering over the Fed.

With inflation still hanging over the economy, all eys will be on the upcoming CPI data to see if inflation remains sticky.

Although the FOMC has signalled that it would cut borrowing costs, there is still the question if this will happen sooner rather than later.

XAUUSD 01:25
DXY 02:45

Test your trading strategy on forex and stocks with Orbex

Leave A Reply

Your email address will not be published.