Fundamental for gold
- Gold could continue to consolidate until an actual trade deal is signed and sealed. And the recent bills passed by the United States supporting anti-government protesters in Hong Kong remain a point of contention between Washington and Beijing.
- Investors will get the opportunity to react on Monday to the latest ISM Manufacturing report.
- Wednesday, the ADP Non-Farm Employment Change and ISM Non-Manufacturing PMI reports will be the centers of attention.
- Friday, the major report is U.S. Non-Farm Payrolls. The headline number is expected to show the economy added 189K jobs in November. The Unemployment Rate is expected to hold steady at 3.6% and Average Hourly Earnings are forecast to have risen 0.3%.