Gold Bulls Step Back...from carldupoin

Gold Bulls Step Back as Market Awaits Delayed US NFP Report Gold prices faced renewed selling pressure during Tuesday’s Asian session, extending the previous day’s pullback from the $4,350 area—near the highest level recorded since October 21. The modest intraday decline reflects a shift in market sentiment, as optimism surrounding progress in the Russia‑Ukraine peace negotiations reduces demand for traditional safe‑haven assets. With investors adopting a more cautious stance, gold bulls appear to be moving to the sidelines ahead of the delayed US Nonfarm Payrolls (NFP) release. The upcoming labor market data is expected to be a key catalyst for short‑term price direction, particularly as markets continue to assess the broader macroeconomic landscape and the Federal Reserve’s policy outlook.

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Gold (XAU/USD) Market Update ✨ Gold is trading with marginal losses on Friday, holding above the $4,300 level but lacking clear directional bias. Upside attempts remain capped below $4,355, reflecting indecision in the market. On the daily chart, the presence of long wicks underscores hesitation among traders, while the moderate recovery in the U.S. Dollar continues to act as a headwind for precious metals. 📌 Outlook: Consolidation persists between $4,300–$4,355. A decisive break outside this range will be key in determining the next directional move.

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Bloomberg reported on Wednesday, citing informed sources, that the United States is planning to launch a new round of sanctions on Russia, with a focus on the energy sector, in order to increase pressure on Moscow if President Vladimir Putin refuses to agree to peace with Ukraine.

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U.S. President Donald Trump is getting into the fusion power business through a $6 billion merger of his social media firm and Google-backed TAE Technologies, announced just days after industry leaders met with U.S. Energy Department representatives to urge federal funding.

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