Gold Spot / U.S. Dollar
Long
Updated

XAUUSD – NFP STORM AHEAD

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XAUUSD – NFP STORM AHEAD: WILL GOLD BREAK HIGHER OR FACE A DEEP CORRECTION?
Gold is entering a critical phase ahead of tonight’s Non-Farm Payrolls (NFP) report — one of the most influential economic releases globally. With US-China trade tensions resurfacing and growing concerns over US national debt, the precious metal market is likely to experience high volatility during the US session.

🌍 MACROECONOMIC & POLITICAL OUTLOOK
Trade negotiations between the US and China have resumed, with China reaffirming its intent to defend strategic metal exports amidst ongoing tariff threats.

The US national debt is projected to reach $55 trillion by 2034, prompting central banks worldwide to continue stockpiling gold as a hedge against fiat devaluation.

Fed Chair Jerome Powell maintains his stance of “not rushing to cut rates,” but political pressure — especially from former President Trump — is escalating rapidly.

Unemployment Claims fell slightly last week, reinforcing the view of a weakening labour market. If tonight’s NFP print disappoints, gold may surge on renewed expectations of future Fed easing.

📈 TECHNICAL ANALYSIS (H1 – EMA 13/34/89/200)
Gold has formed a classic impulsive wave structure, with recent highs tested around the 3408 – 3410 resistance zone.

Price action is consolidating near the EMA 89 and EMA 200, suggesting indecision and building energy for a potential breakout.

A breakdown below the 3344 – 3332 support zone could trigger a move toward the FVG liquidity block near 3320, a potential institutional buy level.

🔍 STRATEGIC KEYLEVELS TO WATCH
Resistance levels: 3380 – 3392 – 3408 – 3436
Support levels: 3365 – 3350 – 3344 – 3332 – 3320

🧭 TRADE SETUPS
🔻 SELL ZONE: 3408 – 3410
Stop Loss: 3415
Take Profit: 3404 → 3400 → 3395 → 3390 → 3380 → 3370 → 3360 → 3350

🔵 BUY ZONE: 3318 – 3316
Stop Loss: 3310
Take Profit: 3322 → 3326 → 3330 → 3335 → 3340 → 3350 → 3360 → ???

✅ CONCLUSION
Gold is “holding its breath” before the potential NFP-triggered breakout.

If NFP disappoints → USD weakens → Gold could explode above 3410.

If NFP beats expectations → Sellers may take full control and shift the market into a correction phase.
Trade active
Planm BUY ZONE yesterday after NONFARM profit 180 PIPS at zone 3318 to 3336

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