This morning, we saw impressive job numbers from the U.S. Non-Farm Payrolls, with actual figures at 254K compared to a forecast of 140K. This marks a substantial increase from the previous 159K, indicating a strong labor market. The Unemployment Rate also edged lower to 4.1%, beating the forecast of 4.2% and last month’s 4.2% as well. Given these robust numbers, we’re anticipating a potential reversal in XAUUSD around the $2658.4 to $2656.15 zone. A strong jobs report typically strengthens the dollar, which can put pressure on gold prices, creating an opportunity for a price reversal. Stay alert and watch how the price action develops around this level! 📈

Let's get to know each other! Comment below sharing where you are in the world, a photo of your workspace, and something you like to do for fun. 😊