XAUUSD Update
Gold bounced strongly from the 4324 support zone and is now testing resistance near 4343. A breakout above 4343 could push price toward 4347–4353, while failure to hold above 4330 may trigger a pullback to 4324.
Bias: Bullish above 43
#XAUUSD#daytrader#MT5
EUR/USD Outlook 📊
EUR/USD is testing key support at 1.1515. Holding above this level could trigger a rebound toward 1.1604. However, a break below 1.1515 may open the door for a drop to 1.1410.
Resistance: 1.1604
Support: 1.1515
Target Below Support: 1.1410
#eurusd
XAUUSD breaks below 4310 with strong bearish momentum. Sellers remain in control while price stays under resistance. Eyes on 4280 as the next key support. 📉
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NFP showed good numbers at 172,000, thus supporting the #US Dollar. On the other hand, gold has taken up the bearish position.
Importance
NFP is an indicator that estimates the number of changes in employment levels on a monthly basis but not for the agricultural sector.
#nfp