Home Tools Gold Holds above $1800, PMI up Next!

Gold Holds above $1800, PMI up Next!

41
0


The precious metal climbed to a 3-month peak on Friday after the NFP failed in its attempt to curb risk appetite.

Investors are waiting for more guidance as ISM Services data follows-up today.

The DXY is looking to test the previous week’s low as expectations of a slowdown in the interest rate hike pace by the Federal Reserve await next week.

Timestamps
XAUUSD 01.50
DXY 03.05.

Orbex lets you test your strategy to see how gold does with Orbex. Open an account now. 

The post Gold Holds Above $1800 – PMI Up Next! The post Gold Holds Above $1800, PMI Up Next! appeared first on Orbex Forex Trading blog.



Continue reading…

Previous articleAsian Shares and Crude Oil Climb as S&P 500 and Nasdaq Fall
Next articleGold Worth Forecast & Predictions: 2022 and Past