NFP Is a Gatekeeper for Fed Policy and Gold’s Next Move

Gold traders have spent the past week waiting. After falling steadily from 4,889.24, the precious metal has settled into a tense standoff between 4,400 support and 4,600. Neither bulls nor bears have been willing to commit before today’s US Non-Farm Payrolls report. The reason is simple. The jobs data may not decide the Fed’s next
The post NFP Is a Gatekeeper for Fed Policy and Gold’s Next Move appeared first on ActionForex.

Gold traders have spent the past week waiting. After falling steadily from 4,889.24, the precious metal has settled into a tense standoff between 4,400 support and 4,600. Neither bulls nor bears have been willing to commit before today’s US Non-Farm Payrolls report. The reason is simple. The jobs data may not decide the Fed’s next […]

The post NFP Is a Gatekeeper for Fed Policy and Gold’s Next Move appeared first on ActionForex.

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