Crude oil has continued to be shaken from the effects of a stronger US Dollar and higher inventories that rattled markets last week.

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US durable goods orders fell more than expected in January, reflecting a decline in 2 of the last 3 months according to data from the US Census Bureau.

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The Euro has been battered like many other currencies by Dollar-supporting suspicions that US interest rates will be staying higher for longer.

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The markets and assets that do well when price growth is cowed might not be such great investments when it is more vigorous.

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Spot gold continues to make its way toward the $1800 level as the Dollar remains bid following US PCE Data. Can the precious metal catch a short-term bounce as the RSI enters oversold territory?

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