The big Gold market is on the brink! How to Trade Gold on 'Non-Farm Payroll Day'? Analyst's latest technical analysis of gold prices.

In Friday's European market morning, spot Gold maintained its intraday upward momentum, with the current gold price at 2,680 USD/ounce. FXStreet Senior Analyst Dhwani Mehta stated that Gold traders are eagerly awaiting the USA non-farm employment data in order to make new bets.

FX168Jan 10 16:34

Gold Price Stands Tall Near Multi-week Top; Looks to US NFP for Fresh Impetus

FXStreetJan 10 12:26

Gold bulls are making their presence felt! The price of gold once neared 2680 dollars. With the non-farm payroll data approaching, how to trade Gold?

On Thursday, spot Gold continued its recent upward trend, with prices at one point nearing 2680 USD/ounce. FXStreet Analyst Christian Borjon Valencia stated that market focus has shifted to the upcoming USA non-farm employment data and the University of Michigan Consumer confidence data, in search of further economic clues.

FX168Jan 10 09:15

Gold Trade Reminder: Non-Farm Payroll is coming! Trump's "overbearing charisma" leads to three consecutive days of gains, with gold prices hitting a nearly four-week high.

On Friday (January 10), during the early hours of the Asian market, spot Gold fluctuates narrowly, currently trading around the 2670 level. Gold prices rose to a nearly four-week high on Thursday, supported by safe-haven demand. Several Federal Reserve officials made statements suggesting that interest rate cuts should be paused or approached cautiously, while investors are also weighing the potential impact of the policies of the newly elected USA President Trump on the economy and inflation. Spot Gold peaked at $2678.17 per ounce during Thursday's trading, marking the highest level since December 13, closing at $2670.19 per ounce, with a daily increase of about 0.33%, marking three consecutive days of gains; from a technical perspective,

FX678 FinanceJan 10 08:09

Gold continued to rise, with COMEX Gold Futures closing up by 0.47%.

Gold continued to rise as traders considered the prospects of the Federal Reserve's easing path ahead of Friday's important employment data. COMEX Gold Futures rose by 0.47% to $2,692.6 per ounce; COMEX Silver Futures increased by 0.93% to $31.03 per ounce.

Global Market ReportJan 10 06:07

USA officials expect that negotiations between Russia and Ukraine may begin early this year!

On the eve of leaving office, the Biden administration released another 0.5 billion USD in aid to Ukraine, to increase Ukraine's "potential bargaining chips."

Golden10 DataJan 9 21:29