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Technical Analysis

In-depth technical & fundamental analysis for currencies & commodities

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Short-term rebound in gold

Gold managed to bounce back right after the US Jobs Report on Friday and closed the week near $1900 resistance. Gold continues to benefit from inflation expectations. Yet, such rebound is unlikely to be sustainable.

USD: a disappointing jobs report?

The US Jobs Report could be considered as a disappointing report, excluding the wages growth which keeps the fears over inflation.

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