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Gold eases on strong US data, still on track for weekly gain
Gold slipped on Friday, weighed down by robust U.S. jobs data, but remained on course for a second week of gains buoyed by the U.S. Federal Reserve’s signal that it would pause its interest rate hikes.
Both daily and weekly Gold Chart posted a bull inverted bar and created more space for the upside next week.
Chinese stocks jump amid trade optimism; manufacturing data disappoints
Stocks in China saw strong gains on the first trading day of February as hopes rise for a U.S.-China trade deal. However, the country’s manufacturing data came in below expectations.
European stocks close higher amid earnings, US jobs report
European stocks closed higher Friday, as market participants monitored a flurry of corporate results and key economic reports.
Dow rises after strong jobs report, posts 6-week winning streak
The Dow Jones Industrial Average posted slight gains on Friday after the U.S. government released jobs growth data that easily beat expectations.
The chart ends with a doji after a previous day spin-on-top bar and market is showing a strong upwards bulls next week again.
Be back for more updates later.