Gold Forecast: XAU/USD needs a US NFP miss to sustain the …

6 days ago · Gold Price Forecast: XAU/USD needs a US NFP miss to sustain the upside Premium ANALYSIS | 01/10/2025 02:54:24 GMT Gold price consolidates near the monthly high of $2,678 on US Nonfarm Payrolls Friday.

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Gold Forecast: XAU/USD Needs A US NFP Miss To Sustain The …

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Gold (XAU) Daily Forecast: Technical Levels To Watch As Gold …

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Oct 4, 2024 · Gold Prices Forecast: Technical Analysis Gold – Chart Gold (XAU/USD) is trading at $2,663.92, up 0.27% for the session, maintaining bullish momentum above its pivot point of …

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Gold Prices Forecast: XAU/USD Traders Await Impact From …

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Apr 5, 2024 · Recent Performance and Outlook. Gold’s recent uptrend, driven by significant central bank purchases and strong demand from investment funds, culminated in a 2.3% …

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Gold (XAU) Price Forecast: Bullish Traders Eyeing $2693 Breakout …

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5 days ago · At 12:15 GMT, XAU/USD is trading $2678.00, up $7.66 or +0.29%. U.S. Jobs Data To Influence Gold’s Next Move. The U.S. non-farm payrolls report, due at 13:30 GMT, is set to …

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Gold Price Forecast: XAU/USD Risks A Correction, With Eyes On US ...

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Mar 8, 2024 · On the flip side, Gold buyers need to capture the $2,200 threshold for them to sustain the uptrend. Ahead of that, the record high at $2,165 and the $2,180 resistance will …

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Gold Price Outlook: XAU/USD Targets $2,675 Resistance Ahead Of …

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Oct 4, 2024 · The next big event to watch is Friday’s Non-Farm Payrolls (NFP) report. Analysts expect a modest increase of 147,000 jobs for September, while the unemployment rate is …

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Gold (XAU) Daily Forecast: Prices Rise To $2,376; Eyes On US NFP ...

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Jun 7, 2024 · Nonfarm Payrolls Data and Fed Meeting Influence Gold Prices. Spot gold is expected to gain about 2.6% this week. The U.S. economy’s soft readings, particularly in the …

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Gold Price Forecast: XAU/USD Follows Up Strongest Year Since 2010

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Jan 3, 2025 · Last year was a big outing for gold bulls as the metal gained 27.23% in spot, with a maximum gain of 40.61% from the February low to the October high. It was the final two …

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Gold Price Forecast: XAU/USD Flattens Near $2,650 As US NFP

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Dec 5, 2024 · Gold price trades sideways near $2,650 as investors await the US NFP data for fresh interest rate guidance. The Fed is expected to cut interest rates by 25 bps in its policy …

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Gold (XAU) Price Forecast: Will Weak NFP Data Spark A Major Gold …

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Sep 6, 2024 · A weak NFP report could lead to a major gold rally as markets anticipate more aggressive Fed rate cuts this month. A 59% chance of a 25-basis-point cut, with a 41% …

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Gold Price Drifts Higher As Traders Brace For US NFP Data - FXStreet

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Nov 1, 2024 · US Initial Jobless Claims for the week ending October 26 fell from 228K to 216K, coming in below the forecast of 230K. Markets are currently pricing in almost 100% odds for a …

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FAQs about Gold Forecast: XAU/USD needs a US NFP miss to sustain the … Coupon?

Will a strong NFP report affect gold prices?

If Friday’s NFP report confirms labor market weakness, gold prices could continue to rise, potentially approaching all-time highs. However, a stronger-than-expected report may limit gains, though gold is likely to remain supported as uncertainty around the Fed’s policy path persists. ...

Will a better-than-expected NFP report push gold lower?

Analysts predict that a better-than-expected NFP report could push gold lower, while weak data may spark a bullish breakout. Despite escalating tensions in the Middle East, gold (XAU/USD) has remained range-bound between $2,654 and $2,667, reflecting investor hesitation ahead of key economic data. ...

Why did gold (xau/USD) settle at 2503.40 last week?

Last week, Gold (XAU/USD) settled at $2503.40, down $9.09 or -0.36%. Following its surge to all-time highs the previous week, gold prices consolidated near these record levels throughout last week. This sustained strength reflects the market’s continued bullish sentiment, primarily fueled by anticipation of upcoming Fed policy changes. ...

Will US nonfarm payrolls (NFP) data push gold price higher?

Gold traders look forward to the high-impact US Nonfarm Payrolls (NFP). data for the next push higher, as the Middle East geopolitical escalation persists. Heading into the US NFP showdown, traders are resorting to position readjustment by way of profit-taking on the recent US Dollar (USD) rally, injecting fresh signs of life in Gold price. ...

Why is xau/USD trading $2293.185?

At 10:28 GMT, XAU/USD is trading $2293.185, up $1.975 or +0.09%. Gold’s recent uptrend, driven by significant central bank purchases and strong demand from investment funds, culminated in a 2.3% increase this week. Although the market suggests a possible correction due to its current high value, the general perspective for gold remains robust. ...

Should you buy xau/USD?

Investors should stay alert to the immediate effects of economic data but also focus on the more persistent factors that favor a rise in gold prices. Despite the one day setback, XAU/USD remains in an uptrend, just a little weaker than the previous session with the formation of a minor top at $2305.65. ...