Gold is in the fear of strong labour data from US
ADP job as at 3 Jun 2020 losses total -2.7M but is much better than expectations, make Gold Spot tumbled near -$30 on the day or -1.75% to $1697.70 as traders exited the safety of the precious metal. The Day high price extended to $1732.34. The Day low reached as low as $1689.56.
Upcoming economic data on Thursday and Friday includes: Initial Jobless Claims, Non farm Productivity, and Nonfarm Payroll... will be also expected on the bright side, therefore put more pressure on Gold.
▪️ Expect trading to remain mixed and volatile:
We look to Sell at 1,709
⛔️Stop: 1720
🎯Target1: 1,683
🎯Target2: 1,666
Upcoming economic data on Thursday and Friday includes: Initial Jobless Claims, Non farm Productivity, and Nonfarm Payroll... will be also expected on the bright side, therefore put more pressure on Gold.
▪️ Expect trading to remain mixed and volatile:
We look to Sell at 1,709
⛔️Stop: 1720
🎯Target1: 1,683
🎯Target2: 1,666
🔥🔥 𝐊𝐡𝐨𝐚̉𝐧𝐠 𝐜𝐚́𝐜𝐡 𝐠𝐢𝐮̛̃𝐚 𝐭𝐨̂𝐢 𝐯𝐚̀ 𝐛𝐚̣𝐧 𝐜𝐡𝐢̉ 𝐥𝐚̀ 𝟏 𝐜𝐮́ 𝐜𝐥𝐢𝐜𝐤 𝐜𝐡𝐮𝐨̣̂𝐭:
⭐⭐⭐ 𝗧𝗘𝗟𝗘𝗚𝗥𝗔𝗠: t.me/ElioLe2222
⭐⭐⭐ 𝗟𝗜𝗡𝗞 𝗚𝗥𝗢𝗨𝗣: t.me/+RN9vquZD8i5ovqBj
⭐⭐⭐ 𝗧𝗘𝗟𝗘𝗚𝗥𝗔𝗠: t.me/ElioLe2222
⭐⭐⭐ 𝗟𝗜𝗡𝗞 𝗚𝗥𝗢𝗨𝗣: t.me/+RN9vquZD8i5ovqBj
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