Alarming ADP Jobs Report

In May, US companies added 128K new jobs, the ADP showed in its monthly report, indicating a fading recovery. Market analysts, on average, expected a more than double increase. A look inside the report is even more alarming. Very small 119 employees and small companies 2049 employees lost 78K and 14K jobs, respectively. This is […]
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Where Golds Downtrend is Heading

Gold has shed its position for the second day in a row, losing more than 1 during that time, and that might be just the beginning of a new downside wave, which will potentially take the price down to 1650. However, investors and traders will likely consider the potential to outweigh the risks early on. […]
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