Gold price is holding the renewed upswing, snapping an eight-day losing streak so far this Thursday. Gold price is capitalizing on the US bond market relief, although awaits a fresh batch of US economic data for extending the recovery. The US Treasuries rallied hard, as the bond market was rescued by a 5% sell-off in Oil prices, weak US ADP jobs data and the ISM Services PMI.
Softer-than-expected US labor data dialed down expectations of a November US Federal Reserve (Fed) rate hike and triggered a sharp correction in the US Treasury bond yields across the curve, aiding the upturn in the bond market and Gold price.
GOLD TARGETT : 1890
Softer-than-expected US labor data dialed down expectations of a November US Federal Reserve (Fed) rate hike and triggered a sharp correction in the US Treasury bond yields across the curve, aiding the upturn in the bond market and Gold price.
GOLD TARGETT : 1890
Comment:
Confirm Target
Comment:
Hold Sell
Comment:
10 Pips Running
Comment:
Confirm Chart
Comment:
Support Us
Comment:
Confirm Target
Comment:
Hold In Sell
Comment:
Running Good Profit.
Comment:
Support US Need Some Support
Comment:
30 Pips Running..
Comment:
Confirm Sell
Comment:
120 Pips Done
Comment:
Profit Done