NFP Wipes $60 Off Gold!
<div><img width="750" height="430" src="https://assets.iorbex.com/blog/wp-content/uploads/2024/02/05164912/Gold-Price-Movement-After-NFP.png" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Gold-Price-Movement-After-NFP" decoding="async" srcset="https://assets.iorbex.com/blog/wp-content/uploads/2024/02/05164912/Gold-Price-Movement-After-NFP.png 750w, https://assets.iorbex.com/blog/wp-content/uploads/2024/02/05164912/Gold-Price-Movement-After-NFP-300×172.png 300w" sizes="(max-width: 750px) 100vw, 750px" /></div><p>Gold starts the new week with a downturn as the Dollar pushes on.</p>
<p>The NFP report is hotter than expected, so price action remains bearish.</p>
<p>However, the rising geopolitical tensions could lift gold, but it is a long way from the previous record high!</p>
<p>Timestamps<br />
XAUUSD 01:10<br />
DXY 02:45</p>
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<p>The post <a href="https://www.orbex.com/blog/en/2024/02/nfp-wipes-60-off-gold">NFP Wipes $60 Off Gold!</a> appeared first on <a href="https://www.orbex.com/blog/en">Orbex Forex Trading Blog</a>.</p>
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