We dive deep into the recent movements of Gold (XAUUSD) following the release of the US Nonfarm Payrolls (NFP) data. On Friday, Gold initially surged to the $2,310 zone after the NFP numbers missed markets' expectations, signalling a cooling jobs market. However, bears quickly took control, pushing the price back into a demand zone identified on the chart.
The...
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** XAUUSD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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