Gold Bounces Back, but for How Long?
The price of gold remains consolidated after declining slightly during the NFP release. With the greenback also ranging, is the market acting a bit flat until the next breakout? With markets reassessing the landscape with next week’s Fed meeting coming into view, will traders stay quiet until the big reveal? Timestamps XAUUSD 01:35 DXY 03:00 The post Gold Bounces Back, but for How Long? appeared first on Orbex Forex Trading Blog.
The price of gold remains consolidated after declining slightly during the NFP release.
With the greenback also ranging, is the market acting a bit flat until the next breakout?
With markets reassessing the landscape with next week’s Fed meeting coming into view, will traders stay quiet until the big reveal?
Timestamps
XAUUSD 01:35
DXY 03:00
The post Gold Bounces Back, but for How Long? appeared first on Orbex Forex Trading Blog.
