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Gold Bulls Looking For Weak US NFP Today
Gold prices are continuing to rally on Friday ahead of the keenly awaited December jobs report this afternoon. The safe-haven metal has been on a solid winning streak over the first full trading week of 2025. Despite fresh strength in USD, gold prices look to be attracting demand as a result ofongoing global geopolitical risks as well as uncertainty ahead of Trump taking office this month and, more recently, the wildfires in Los Angeles. Looking ahead today, focus will of course be on the latest US jobs data with the potential for a breakout move in gold if we see any downside surprise in the data. Forecasts & ... (full story)
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- Posted: Jan 10, 2025 7:29am
- Submitted by:Category: Technical AnalysisComments: 0 / Views: 367
