Forex Trading Library

Gold Drops $100 on NFP Data!

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The dollar was boosted on Friday as NFP and PMI data exceeded expectations.

Gold dropped below the $1900 level as the sell-off erased recent gains.

With Jerome Powell giving a speech this week regarding the next move for the Fed, will a retracement ensue, or will the yellow metal drop even further?

XAUUSD 01:35
DXY 03:05

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