#GOLD ( $XAU USD ) — Market coiling ahead of NFP 📊

Gold is compressing right under resistance while traders wait for the next macro trigger. With the delayed session and the upcoming Non-Farm Payrolls report, volatility is likely about to return.

📊 Forecast NFP: +70K jobs (vs 50K prior)

The report — along with the annual employment revision — will likely decide the immediate direction.

How Gold reacts:

• Weak data: strengthens rate-cut expectations → bullish for gold

• Strong data: delays Fed easing → short-term bearish pressure

Right now gold is basically in “decision mode.” The NFP sets the first move, but inflation data later in the week will determine whether that move becomes a trend.

Key Levels

Resistance: 5089 → 5241

Support: 5000 → 4976 → 4902

A confirmed breakout and close above 5089 would open the door for upside expansion, while a dip toward 4976–4900 could act as a liquidity sweep before a larger move.

#GoldSilverRecord #trandingtopic

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