Gold Feels the Squeeze to $1900

<div><img width="750" height="430" src="https://assets.iorbex.com/blog/wp-content/uploads/2023/09/26094333/Market-Insights-7.png" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Gold Feels the Squeeze to $1900" decoding="async" loading="lazy" srcset="https://assets.iorbex.com/blog/wp-content/uploads/2023/09/26094333/Market-Insights-7.png 750w, https://assets.iorbex.com/blog/wp-content/uploads/2023/09/26094333/Market-Insights-7-300×172.png 300w" sizes="(max-width: 750px) 100vw, 750px" /></div><p>Gold bulls will be hoping for further support as the yellow metal makes another move to $1900.</p>
<p>With a symmetrical triangle in play, will this squeeze mean more pressure as buyers look for the next signal?</p>
<p>As the greenback continues to push higher, will a correction ensue, or will the dollar continue to break recent highs?</p>
<p>Timestamps</p>
<p>XAUUSD 01:45</p>
<p>DXY 03:05</p>
<p>The post <a rel="nofollow" href="https://www.orbex.com/blog/en/2023/09/gold-feels-the-squeeze-to-1900">Gold Feels the Squeeze to $1900</a> appeared first on <a rel="nofollow" href="https://www.orbex.com/blog/en">Orbex Forex Trading Blog</a>.</p>