Gold Analysis – 02.Aug.2024
Gold Analysis: As we expected and mentioned in both our technical and fundamental analysis, I anticipated the NFP figure to be lower than the forecasted rate, and that’s exactly what happened. The actual figure came in at 114K, which is lower than the forecasted rate of 176K! This led to a spectacular rise in gold prices, which surged to $2478, hitting almost all three of our predicted targets!
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Author : Arman Shaban
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