UPDATE GOLD Summary and ReviewWhy Gold price able to surge above 1600Framework 1.) Descending Channel 2.) Support and Resistance 3.) Fibonacci 4.) Moving Average and CS formation 5.) Sentiment 6.) Geopolitical December 24, 2019 1.) Phase 1 US-China Trade war d

NFP Review November NFP actual 266k expected 187kNovember unemployment 3.5%December slip to 160kUnemployment rate remain at 50 year low 3.5%PMI Manufacturing from 52.6 to 52.4 contraction (US-China Trade war) (1/3)PMI Non-Manufacturing 54.5 to 55.0 (2/3)ADP 202kUS Economy overall is now 1

GBP/JPY consolidates the recent losses as markets look for fresh clues.Mixed feelings concerning Brexit, broad rise in safe-havens dragged the quote down the previous day.Second-tier data from the UK, Brexit headlines can offer intermediate direction.GBP/JPY recovers to 142.75 amid the initial

GOLD is ready to resume its rise from the level of 1557 and will hopefully find a target to try the nearest major resistance at level 1625. GOLD jumped sharply this week after successfully breaking major resistance at the level 1500. Current developments indicate that the fall of GOLD from