Gold Hit My Support Level $1683.48, Now Buy Gold and Silver at CMP, Small Quantity (Call only For Positional Traders) – Neal Bhai Reports
Jobless Claims Rise
US Initial jobless claims increased by 5.245 million according to the US Labor Department. The rise increases the total to just over 22 million, wiping out most of the job gains since the Great Recession. The total was a bit worse than the 5 million expected.
Last week’s initially reported total of 6.606 million was revised up slightly to 6.615 million. The four-week moving average, jumped to 6.066 million, an increase of 2.568 million the previous week.
The total claims of 22.03 million filed since social distancing measures took effect reflects a 13.5% drop in house_hold employment.
