Forex Trading Library

Oil Slides as $55 Becomes Next Target!

By David Kindley Last updated Jan 5, 2026 13 0

Gold remained in the bull zone as tensions between the U.S. and Venezuela increased.

As Oil slides, will there be a turnaround in price action as the crisis continues?

Timestamps
XAUUSD 00:25
WTI 01:40

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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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