Gold Continues the Drop to $1800!

Gold continued its slide toward the $1800 handle as traders await today’s PCE data. The move confirms the continued sell-off since the previous NFP reading. With the Dollar moving higher, are we in for a major correction, or will the yellow metal continue to fall? Timestamps XAUUSD 01:35 DXY 03:00 The post Gold Continues the Drop to $1800! appeared first on Orbex Forex Trading Blog.

Gold Continues the Drop to $1800!
Market Insights

Gold continued its slide toward the $1800 handle as traders await today’s PCE data.

The move confirms the continued sell-off since the previous NFP reading.

With the Dollar moving higher, are we in for a major correction, or will the yellow metal continue to fall?

Timestamps
XAUUSD 01:35
DXY 03:00

The post Gold Continues the Drop to $1800! appeared first on Orbex Forex Trading Blog.