📊 XAUUSD ANALYSIS ON NFP DATA
The Market is closely watching today’s Nonfarm Payrolls (NFP) report.
Based on current macroeconomic indicators, I estimate an 80% probability that the actual NFP figures will exceed expectations.
🔍 Implications if Forecast Holds:
✅ Bullish for USD
📉 Bearish for Gold – Increased probability of a deeper correction
📉 Technical Levels to Watch – XAUUSD
🟨 Demand Zone: 3,270- 3275
These zones could act as support, but strong USD data may cause a decisive breakdown.
⚠️ Trader Guidance
Avoid impulsive long positions on gold.
Monitor price reaction at the mentioned levels.
Enter only on confirmed reversals or structure reclaim.
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