05 July Friday Update
05 July Update
This calmness in Gold price is just a calmness before a storm. With ECB and BOE holding onto stimulus plans which doesn't seem to be eased in immediate future and close US market yesterday in observation of the Independence Day holiday, every one is focusing on US Non-farm Payroll and Unemployment Claim data today which we think is potentially a storm - if data comes in line with expectation there may be some more selling for Gold.
Stay Safe :)
This calmness in Gold price is just a calmness before a storm. With ECB and BOE holding onto stimulus plans which doesn't seem to be eased in immediate future and close US market yesterday in observation of the Independence Day holiday, every one is focusing on US Non-farm Payroll and Unemployment Claim data today which we think is potentially a storm - if data comes in line with expectation there may be some more selling for Gold.
Stay Safe :)
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