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NFP Data Drops $100 to Gold


Friday’s NFP and PMI data outperformed expectations, resulting in a dollar increase.

As a result of the recent losses, gold fell below $1900.

Jerome Powell will be giving a speech on the Fed’s next move this Wednesday. Will there be a retracement? Or will the yellow metal continue to fall further?

XAUUSD 01.35
DXY 03.05.

The post Gold Drops $100 On NFP Data! The post Gold Drops $100 on NFP Data! appeared first at Orbex Forex Trading blog.

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