Fundamental OverviewGold continues to trade in a tight range as the market awaits the key catalysts this week. As a reminder, the Fed is now very focused on the labour market as Fed Chair Powell said that they will not welcome any more weakness and will do everything they can to keep it strong. Therefore, the NFP report on Friday will decide whether the central bank will go with a standard 25 bps cut in September or take a more aggressive approach with a 50 bps cut. Before that, we will get other important releases like the ISM Manufacturing PMI tomorrow which last month triggered the “growth scare”.In the bigger picture, gold should remain supported as real yields fall due to the Fed’s rate
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