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Orbex: Gold Drops as $2K Becomes Resistance! #marketinsights

Orbex: Gold Drops as $2K Becomes Resistance! #marketinsights
Gold dropped below the psychological $2K level as a firm dollar, and Treasury yields remained on the front foot. With debt-ceiling negotiations continuing, the threat of potential defaults has pushed up treasury yields. Will Gold now see firm resistance at $2k, or is a reversal around the corner? Timestamps XAUUSD 01:30 DXY 03:05 The post Orbex: Gold Drops as $2K Becomes Resistance! #marketinsights appeared first on Orbex Forex Trading Blog... Read More
Posted: May 18 2023, 08:42
Author Name: orbex
Views: 102696

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