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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

By David Kindley On Jan 17, 2024 42 0

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

Federal Reserve (FED)Gold Silver

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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