April 2, 2019

Precious metals group remains relatively unchanged today following a bearish week. Hovering just below the resistance level of $1,300/oz., Gold found little help from today’s weakening US Dollar or lower than expected retail sales data. All eyes on this week’s array of economic data releases including Friday’s payroll and unemployment data. Following last month’s disappointing payroll numbers, the metals group may find upside direction should another lower than expected jobs report be released.