Recent correction move on the gold chart might continue into the near short term while decline of the Dollar index as well as the 30 year bond yields are showing losses for the Dollar. Positions of commercial traders are increased boosting the buying narrative whilst packed economic calendar would probably affect the US Dollar and its pairs this week.
The major release is the American job report which includes the NFP and unemployment in the States but attention is also on the core PCE and manufacturing PMI.
The major release is the American job report which includes the NFP and unemployment in the States but attention is also on the core PCE and manufacturing PMI.