🪙 Gold Price Outlook — Buyers Step In After NFP
Gold continues to attract buyers on dips after weaker‑than‑expected Non‑Farm Payrolls (NFP) data, pushing price action higher and suggesting bullish sentiment remains intact.
Key Facts:
• Gold gapped higher and showed strength after the U.S. jobs report added 50,000 jobs, below expectations.
• Technical picture threatens a break above the $4,500 level, a key psychological resistance.
• Pullbacks are viewed as buying opportunities in an ongoing uptrend.
Expert Insight:
Bullish momentum remains as buyers step in on weakness, keeping the upside narrative alive with long‑term potential toward higher targets.
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