Gold Prices May Fall if US Payrolls, Wages Data Revive Fed Fears
Gold prices may fall in the wake of January’s US jobs data if sluggish hiring coupled with soaring wage inflation appear to embolden the Fed’s hawkish instincts.
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Gold prices may fall in the wake of January’s US jobs data if sluggish hiring coupled with soaring wage inflation appear to embolden the Fed’s hawkish instincts.
Gold prices could fall if a rosy non-farm payrolls report further boosts Treasury yields after the US government temporarily raised the debt ceiling through early December.
Gold Prices May Fall as Chart Setup Warns of Topping Before FOMC of clients are net short. Long News of clients are net short. Long News 2021-04-27 06:00:00 Ilya Spivak, Head Strategist, APAC GOLD PRICE OUTLOOK Sellers may gain the upper hand if Powell is cornered on reflation outlook Chart setup hints that a bearish Head & Shoulders pattern is taking shape Gold prices have languished in consolidation mode since last week, echoing a similar digestive pause in US Treasury bond yields and – broad...