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Gold Continues Sell-Off, $1800 Closing In?

Name: Gold Continues Sell-Off, $1800 Closing In?
Uploaded: 2023-02-16
Channel: David Kindley
Description: Gold prices extended their losses in the aftermath of America’s CPI data.The yellow metal dropped past prior psychological support of $1,850.With the greenback remaining resilient, retail sales gave the dollar a boost.TimestampsXAUUSD 01:45DXY 03:10

VideoTechnical Analysis

By David Kindley Last updated Feb 16, 2023

Gold prices extended their losses in the aftermath of America’s CPI data.

The yellow metal dropped past prior psychological support of $1,850.

With the greenback remaining resilient, retail sales gave the dollar a boost.

Timestamps
XAUUSD 01:45
DXY 03:10

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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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