XAUUSD: Monday!
Updated
Gold price (XAU/USD) is demonstrating a dull performance after a wild spike-triggered post the release of the United States Automatic Data Processing (ADP) Employment report. The precious metal has walked briskly to near $1,915.00 and is expected to remain sideways ahead of the US Nonfarm Payrolls (NFP) data.
S&P500 futures are consistently extending losses as investors are anxious ahead of the labor market data and upcoming corporate earnings season. The US Dollar Index (DXY) is displaying a subdued performance. The upside for the USD index is restricted near 103.20 for now but bulls can make a comeback if NFP data turns out resilient.
S&P500 futures are consistently extending losses as investors are anxious ahead of the labor market data and upcoming corporate earnings season. The US Dollar Index (DXY) is displaying a subdued performance. The upside for the USD index is restricted near 103.20 for now but bulls can make a comeback if NFP data turns out resilient.
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