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Will Gold Rally 2023
Episode 7631st July 2023 • Two Blokes Trading • Rory & Jonathan! (Two Blokes Trading)
00:00:00 00:30:56

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Rory and Jonathan talk about recent events in markets including the dollar, gold, US

Equities and world indices. The Blokes also talk about recent events such as the

US CPI and this weeks data which includes RBA, ISM Surveys, Non Farm Payrolls

and Unemployment Situation Report.

In the podcast, Rory talks about the stronger than expected data on Monday and how it

was linked to a strong AUD and what he expected from AUDUSD for the short term

as the RBA interest rate decision is in a matter of hours.

Jonathan talks Gold and what his view is on XAUUSD moving forward into the second half

of the year. Considering the strong upwards movement, Jonathan believes price

still has a lot of upside potential. Rory however disagrees and thinks Gold

won’t be able to breach $2000. Will Gold rally in 2023? Listen to find out both opinions.

What Rory and Jonathan both agreed on was the price of Oil and where is will be heading.

Both think that it could be headed towards $90 per barrel as production cuts

seen by Russia and Saudi are set and as global demand doesn’t seem to be

slowing down.

Jonathan and Rory also answer a listeners question on how to stay motivated when

trading. This can often be a very difficult period for traders so make sure to

listen and find out more.

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