Gold Price Forecast: Bearish Correction May Extend Further Before Turnaround

This article explores the near-term fundamental and technical outlook for gold, analyzing possible scenarios taking into account current market dynamics and price action.

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US Dollar Slumps After NFPs Miss Expectations, US Equities Bid

The latest US Jobs Report showed just 175k new jobs created in April, missing expectations of 243K. The unemployment rate also ticked higher while wage growth remained subdued.

from DailyFX – Market News https://bit.ly/4aXZQBJ
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Market Update – Apple Soars, Gold Struggles, USD and VIX Slip, Sentiment Positive Ahead of NFPs

Risk markets are mildly positive ahead of the latest US Jobs Report (NFPs) after the 2nd largest company in the world, Apple, announced a record-breaking USD110 billion buyback program.

from DailyFX – Market News https://bit.ly/3UJaQwT
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US Dollar on Tenterhooks Ahead of US Jobs Data; Setups on GBP/USD, EUR/USD

This article provides an in-depth examination of the U.S. dollar’s fundamental and technical outlook, considering various scenarios that could unfold after the April U.S. jobs report is released.

from DailyFX – Market News https://bit.ly/4bkdWNl
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