Title: Oil Looks for $100 as Gold Struggles!
Post by: PocketOption on Sep 02, 2022, 05:54 am
Post by: PocketOption on Sep 02, 2022, 05:54 am
Oil Looks for $100 as Gold Struggles!
Source: Oil Looks for $100 as Gold Struggles! (https://www.orbex.com/blog/en/2022/08/oil-looks-for-100-as-gold-struggles)
WTI added $4 to its value in an impressive trading session, even though the worries of further inflation fears loom.
On the flip side, Gold continues its drop as the next psychological level of $1,700 closes in.
Will the downbeat market mood continue after last Friday’s hawkish remarks by Jerome Powell?
NFP on its way!
Timestamps
WTI 01:35
XAUUSD 03:05
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Source: Oil Looks for $100 as Gold Struggles! (https://www.orbex.com/blog/en/2022/08/oil-looks-for-100-as-gold-struggles)