The employment in U.S. is worse than expected. What does that mean:
1. Fed is not going to tight for long term. It may increase its balance sheet again which is bullish for gold.
2. There is no labour shortage or wage pressure which is good for profit margin.
3. U.S. dollar will depreciate which will help export industry.
The market is at fair value and I still expect it trade in a tight range.
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