XAUUSD News

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Last Updated Date: 7 June 2021 @ 6:04 AM (UTC)
*Please note that all the dates are in GMT time zone

Gold was down on Monday morning in Asia after lower-than-expected U.S. nonfarm payrolls data released during the previous week eased investors’ concerns that the U.S. Federal Reserve would tighten its current dovish monetary policy.

The short term trend bias is down with the pattern still hinting for a drop along 1856.0, testing latest low. Sustained action under 1865.0 could fuel selloffs 
⇒ 1844.0.



 
 



 
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