Gold Consolidates as Dollar Jumps!

<div><img width="750" height="430" src="https://assets.iorbex.com/blog/wp-content/uploads/2023/08/01111915/Market-Insights-5.png" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" srcset="https://assets.iorbex.com/blog/wp-content/uploads/2023/08/01111915/Market-Insights-5.png 750w, https://assets.iorbex.com/blog/wp-content/uploads/2023/08/01111915/Market-Insights-5-300×172.png 300w" sizes="(max-width: 750px) 100vw, 750px" /></div>
<p>Gold remained consolidated after falling away from 2-month highs yesterday. Manufacturing PMI for July could give a clear direction for the yellow metal. With the greenback progressing in the last few sessions, will we see any surprises before the NFP? Timestamps #XAUUSD 01:45 #DXY 02:55</p>
<p>The post <a rel="nofollow" href="https://www.orbex.com/blog/en/2023/08/gold-consolidates-as-dollar-jumps">Gold Consolidates as Dollar Jumps!</a> appeared first on <a rel="nofollow" href="https://orbex.com/blog/en">Orbex Forex Trading Blog</a>.</p>

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