Gold Forecast: Gold Holds Firm Despite Positive NFP Report 



Gold price forecast: 

- Gold regains confidence despite bullish NEP report

- Inflation and unemployment to remain at the forefront of risk sentiment at least for Now

- FOMC minutes will likely be next major event for Gold traders.

Gold prices continue to serve as a primary indication of current economic, edging slightly higher as USD donate a portion of its recent. 

Gold Price Action



Gold price are attempting to recover from last month's brutal slide, providing a glimmer of hope for the buffs. Failure to maintain bearish momentum below the 50% FS level in 2020move at 1,760$, enable bulls to regain temporary control of the imminent move driving price action higher.