Gold peaks near $1800, NFP in focus


The safe-haven metal shy to break the psychological level of $1800 ahead of the US NFP report. The move above the psychological mark of $1800 will drive the metal up to the next upside levels of $1814/1820. On Wednesday, the yellow metal received a further boost following the weaker-than-expected US macro-economic data including ISM services PMI and ADP employment report.

Read the NFP preview and gold price technical outlook here- Gold peaks near $1800, NFP in focus | Gulfbrokers

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Its pushing hard for sure. Wonder what NFP has in store for us!

Gold as expected nice $14 upside move after the break of $1798.

Can you see this in a bullish move now for the foreseeable?

Watch $1860/70 levels closely.