European Monetary Union CFTC EUR NC Net Positions: €173.5K vs €169.4K

Gold price came under heavy bearish pressure and tested $2,000 before recovering to the $2,010 area. After the data from the US showed that Nonfarm Payrolls rose by 253,000 in April, much higher than the market consensus of 179,000, the 10-year US T-bond yield surged 2%, causing XAU/USD to turn south.