The yellow metal plummeted on Friday, as good US employment data caused a surge of the US Dollar’s value.
On Monday, the metal’s price had slightly recovered and reached the resistance of the 200-hour simple moving average near 1,465.00.
Economic Calendar Analysis
This week there are a…
![Gold drops on US data](https://www.dukascopy.com/fxspider/image/get/imagename/2_nbo_MARKET_RESEARCH.jpg)