Gold Drops $100 on NFP Data!
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? Timestamps XAUUSD 01:35 […] The post Gold Drops $100 on NFP Data! appeared first on Orbex Forex Trading Blog.
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?
Timestamps
XAUUSD 01:35
DXY 03:05
The post Gold Drops $100 on NFP Data! appeared first on Orbex Forex Trading Blog.
