Gold Slumps $70 as the Sell-Off Continues

<div><img width="750" height="430" src="https://assets.iorbex.com/blog/wp-content/uploads/2023/11/13110343/Market-Insights-24.png" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Gold Slumps $70 as the Sell-Off Continues" decoding="async" srcset="https://assets.iorbex.com/blog/wp-content/uploads/2023/11/13110343/Market-Insights-24.png 750w, https://assets.iorbex.com/blog/wp-content/uploads/2023/11/13110343/Market-Insights-24-300×172.png 300w" sizes="(max-width: 750px) 100vw, 750px" /></div>
<p>Gold hit a three-week low as the safe haven status continued to fade. With CPI data expected to be progressive this week, traders turned to the power of the greenback. As the sell-off continues, will we see a test at the $1900 area before the end of the week?   Timestamps XAUUSD 01:25 DXY 02:55</p>
<p>The post <a rel="nofollow" href="https://www.orbex.com/blog/en/2023/11/gold-slumps-70-as-the-sell-off-continues">Gold Slumps $70 as the Sell-Off Continues</a> appeared first on <a rel="nofollow" href="https://www.orbex.com/blog/en">Orbex Forex Trading Blog</a>.</p>

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *