Title: Gold Optimistic as $1900 Closes In!
Post by: PocketOption on Jan 09, 2023, 01:05 pm
Post by: PocketOption on Jan 09, 2023, 01:05 pm
Gold Optimistic as $1900 Closes In!
Source: Gold Optimistic as $1900 Closes In! (https://www.orbex.com/blog/en/2023/01/gold-optimistic-as-1900-closes-in)
Gold prices jumped on the back of the NFP numbers on Friday.
The rising expectations of a recession in America has seen risk appetite shift quite considerably.
Now economists expect the $1900 to be the next psychological level for traders, as the Core Inflation rate is not far away.
Timestamps
XAUUSD 01:45
XAGUSD 03:05
The post Gold Optimistic as $1900 Closes In! appeared first on Orbex Forex Trading Blog.
Source: Gold Optimistic as $1900 Closes In! (https://www.orbex.com/blog/en/2023/01/gold-optimistic-as-1900-closes-in)