Gold erases NFP gains as the focus remains on US-Iran developments. What's next?

FUNDAMENTAL OVERVIEW Gold briefly spiked to the upside on Friday following the softer than expected NFP report, but the gains were quickly faded. There wasn’t any bearish catalyst for the downside move, it’s just that the NFP report didn’t matter that much in the bigger picture.In fact, one soft NFP doesn’t change the series of very…