gold futures contract
Will XAUUSD Hold on to the Support $1285 – $1282
The precious metal has been consolidating above the support area of $1285 – $1282 for the past five daily sessions.
Gold Prices had Earlier Breached its 100-Day Moving Average
Gold Silver Reports (GSR) – Gold prices slipped today, but was trading above the 10-week low touched in the previous session, as the dollar rose against the yen on signs of progress in the US-China trade dispute and strong US economic data. Investors are now awaiting the US jobs numbers for more signals on the strength of the economy.