XAU/USD future depends on stock market and USD dollar
The release of the US jobs report for November and the Fed’s December meeting has been the cause of stress for gold traders. An unexpected surge of employment by 266,000 resulted in massive gold sales, but the expected prolonged pause from the Fed has allowed the XAU/USD bulls to gain their positions back. Such swings are beneficial for speculators, but long-term investors usually ignore them, considering this to be just market noise. Despite the deep correction of the gold price down to the highs of September, there are enough signs that buyers can…
Read full author’s opinion and review in blog of #LiteForex