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    XAU/USD: analysis and forecast on 12.05.2015

    At the end of last week, the data on the US labor market became known. The results proved the correctness of the forecasts and were up to the investors’ expectations. The number of new jobs outside agricultural sector has amounted to 223 thousand against the forecast of 226 thousand, which was also higher than the previous level of 85 thousand. Unemployment rate fell to 5.4% from 5.5%. Market’s reaction to this news was quiet and after some fluctuation the price returned to the previous level.

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