according the equal low support at 1932 as the last low before this bounce, GOLD has the targeted 2000 as the same level resistance as left shoulders before or at this NFP release as target..
no metter how good the ADP NFP or NFP data release for USD better/ worst than expected, the GOLD sentiment still going to anticipate for this up cooming fed funds rate pause issue earlier for this june FOMC meetings where the FED still going to targeting the agenda of their inflation become 2%, and this second currency anti inflation a.k.a GOLD as safe haven its always another option for investor to hedge their funds.
lets go bull until the X day!
no metter how good the ADP NFP or NFP data release for USD better/ worst than expected, the GOLD sentiment still going to anticipate for this up cooming fed funds rate pause issue earlier for this june FOMC meetings where the FED still going to targeting the agenda of their inflation become 2%, and this second currency anti inflation a.k.a GOLD as safe haven its always another option for investor to hedge their funds.
lets go bull until the X day!