Immediately following the jobs report, the US dollar, as measured by the DXY index, fell deeper in the session, pulling lower as Treasury yields fell.
Meanwhile, gold prices accelerated higher, up as much as 0.7%, supported by movements in the fixed income space. These market dynamics could gain momentum in September.
Meanwhile, gold prices accelerated higher, up as much as 0.7%, supported by movements in the fixed income space. These market dynamics could gain momentum in September.
Note
🕯 SELL GOLD | 1930 - 1927🔴 SL: 1935
🟢 TP1: 1922
🟢 TP2: 1917
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.