Gold Price Forecast: XAU/USD Shadows Rise in Real Yields Ahead of NFP - DailyFX
6/3/2022 12:00:00 AM2 years 11 months ago
by Warren Venketas
by Warren Venketas
Spot gold opened lower this morning as markets anticipate the upcoming NFP release. XAU/USD trades above $1850 for now but could flip dependent on U.S. data later today.
GOLD TALKING POINTS
- Strengthening dollar could disrupt gold upside.
- NFP in focus later today.
- Price action points to impending gold weakness.