Gold (XAUUSD)
Long

GOLD/XAUUSD LONG/ SELL

206
📈 Fundamental Point of View 📉

Gold price experienced a strong rebound after the US NFP report fell short of expectations last Friday. In July, fresh payrolls were 187K lower than the consensus of 200K, although they were marginally higher than June's print of 185K. The market sentiment turned positive despite Fitch's downgrade of the US government long-term debt rating.

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