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XAUUSD Gold Forecast Week 4-8 September

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This article is published in collaboration with Scutify, where you can find real-time markets and stock commentary from Robert Marcin, Cody Willard and others. Download the Scutify iOS App, the Scutify Android App or visit Scutify.com.

Fundamentals:

Gold prices rose to the highest level in ten months on Friday after the latest U.S. employment report came in weaker-than-expected, underlining doubts over prospects for a third Federal Reserve rate hike this year.

Traders held to expectations Friday that the Federal Reserve will probably wait until the middle of 2018 before raising rates after a government report showed employers added fewer jobs last month than expected.

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http://www.fxters.com/xauusd-gold-forecast-week-4-8-september/


This article was written by Emre Tutucu for http://www.fxters.com/xauusd-gold-forecast-week-4-8-september/ on .

This article published in collaboration with Scutify, the best app for traders and investors. Download the Scutify iOS App, the Scutify Android App or visit Scutify.com.

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