Title: Gold Advances to $1800!
Post by: PocketOption on Nov 15, 2022, 05:35 am
Post by: PocketOption on Nov 15, 2022, 05:35 am
Gold Advances to $1800!
Source: Gold Advances to $1800! (https://www.orbex.com/blog/en/2022/11/gold-advances-to-1800)
Gold prices are set to rally toward the crucial resistance of $1,800.
October’s inflation figure is a negative factor for the dollar, as it discounts a less restrictive monetary policy by the Fed.
Meanwhile, a decline in the US dollar index has strengthened the gold's rally.
All eyes will be on the next Fed meeting as investors look for the next signals.
Timestamps
XAUUSD 01:35
DXY 03:00
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Source: Gold Advances to $1800! (https://www.orbex.com/blog/en/2022/11/gold-advances-to-1800)