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Gold Technical Analysis

Last Friday's NFP report surpassed expectations once again, extending the impressive streak to 14 consecutive beats. However, when we look closely at the report, the specific details weren't very positive. The unemployment rate experienced a significant increase from 3.4% to 3.7%, marking the largest month-over-month rise since the pandemic began. Additionally, the average number of hours worked per week slightly decreased, which is often an indication that employers are preparing for potential... Read More

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Gold

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Forex

Posted: Jun 6 2023, 13:01

Author Name: forexlive

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