As the trading week approaches its close, gold is showing a relevant short-term recovery. XAU/USD is up more than 2.00% and is trading back above the 4,000 dollars per ounce area, supported by a weaker US dollar after the NFP release. For now, this move has allowed gold to recover ground, especially as substitute assets, such as the dollar, show signs of weaker momentum. If this dynamic continues, buying pressure could remain relevant over the next few trading sessions. During today’s session, the United States published its NFP employment report. The data came in at 57,000 jobs, well below the 114,000 expected. This ... (full story)