Sage Investment Club

XAU/USD climbs steadily toward $1,850 after solid US NFP data

US Nonfarm Payrolls exceeded estimates of 200K, while the unemployment rate edged lower. Average Hourly Earnings were lower than the 5% foreseen, signaling the absence of a wage spiral. Gold Price Forecast: To find solid resistance around $1,852-$1,860. Gold price extends its gains after the US Nonfarm Payrolls showed the US economy added more jobs […]