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Gold Slides Back Towards $2K

Name: Gold Slides Back Towards $2K
Uploaded: 2024-01-17
Channel: David Kindley
Description: Gold price fell further ahead of the US Retail Sales data.Continuing geopolitical escalation and easing Fed cuts saw the greenback surge.So where next for the yellow metal, as a break at $2k could signal a major sell-off.TimestampsXAUUSD 01:20XAGUSD

VideoTechnical Analysis

By David Kindley On Jan 17, 2024

Gold price fell further ahead of the US Retail Sales data.

Continuing geopolitical escalation and easing Fed cuts saw the greenback surge.

So where next for the yellow metal, as a break at $2k could signal a major sell-off.

Timestamps
XAUUSD 01:20
XAGUSD 02:25
DXY 03:40

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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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