Metal Analysis Report 6/9/19 – Where Is Gold Headed Next???

Gold prices jumped 1% on Friday to their highest levels since April 2018 as a sharp slowdown in U.S. jobs growth sent the dollar lower on growing expectations that the Federal Reserve would cut interest rates this year.The U.S. Labour Department reported on Friday that job growth slowed sharply in May and wages rose less than expected.”The U.S. jobs number was weaker than expected and that rallied the gold market. That gives the bulls more technical momentum,” said Jim Wyckoff, senior analyst at Kitco.Chances “have significantly increased that the U.S. Federal Reserve is going to lower interest rates sooner rather

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