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Gold: Falls Sharply After Hot NFP Report
It's been a noisy Thursday in gold, which makes sense considering that we have had non-farm payroll numbers come out and they came out hotter than anticipated. Now, having said that, the initial reaction of course was absolute bedlam. You can see a 15 minute candle that lost $40, but we have since bounced to end up forming a little bit more of a reasonable day. Now, while I would probably be fairly quick to buy this pullback, the catch here is that the markets close at noon in Chicago on Thursday, which is about 90 minutes from now. But at the end of the day, most of the volume is gone. And that might have been part ... (full story)
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- Jul 4, 2025 5:16am Posted byTechnical Analysis235
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