Gold climbs after weaker-than-expected private payrolls data

By X-blogger - on January 9, 2025

Gold prices hit a near four-week high after a weaker-than-expected private employment report for December provided reassurance for some in the market the U.S. Federal Reserve may be less cautious about easing rates this year.

The Gold-Dollar pair rose 0.5% in the last session after gaining as much as 1.0% during the session. The ROC is giving a positive signal.
Support: 2602 | Resistance: 2695.5

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