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GOLD TECHNICAL ANALYSIS

XAUUSD

break dowm  $1270,  then $1255 could be possible support, followed by $1258 and then down to $1246 area August jobs data comes out on Friday. Median expectations are +220k for nonfarm payrolls and the jobless rate is expected to tick lower to 6.1%. A beat on this front would likely put additional pressure on the Fed to tighten.



This review does not including any document and / or file attached to it as advice or recommendation to buy / sell securities and / or other device.

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