Fri, 04 Jun 2021 13:03:02 GMT
Gold reacts to US employment data
The yellow metal's price fulfilled a bearish scenario on Thursday, as it passed the 1,890.00 level and sharply dropped to the 1,865.00 level. Moreover, on Friday morning the rate reached the support zone of the mid-May high and low levels at 1,852.25/1,856.50.
However, the rate recovered from the 1,852.25/1,856.50 zone. Moreover, at mid-day on Friday the commodity price jumped, as the