GOLD UNDER PRESSURE - NFP DAY!

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GOLD UNDER PRESSURE - NFP DAY! GOLD (US$/OZ)TVC:GOLDAthensBySahan💰 GOLD UNDER PRESSURE - NFP DAY! ⚠️ Current Price: $4,066 - $4,078 🔴 Opening Price: $4,078 Today's Range: $4,042 - $4,110 Yesterday: Trimmed gains after hitting $4,132 Monthly Performance: -4.29% ❌ Status: 🔴 BEARISH - CRITICAL NFP DAY 🚨 TODAY - SEPTEMBER NFP REPORT! 📊 THE MOST IMPORTANT DATA RELEASE! First jobs report since government shutdown. This will move gold MASSIVELY! What's Happening: ❗ September NFP Today - First post-shutdown jobs data (8:30 AM ET) ❗ FOMC Minutes Yesterday - No major surprises, cautious tone ❗ Gold Trimming Gains - Fell from $4,132 to $4,066 ❗ Dollar Strengthening - DXY above 99.50, pressuring gold ❗ December Rate Cut Odds - Dropped to 46.6% (from 62.9% last week) ❗ Risk-Off Mood - But not helping gold due to strong USD 📊 NFP EXPECTATIONS & IMPACT Forecast: Nonfarm Payrolls: +50,000 (vs +22,000 in August) Unemployment Rate: 4.3% (unchanged) Average Hourly Earnings: Key inflation indicator How NFP Affects Gold: Strong NFP (>50K) = GOLD DOWN 🔴 Fed less likely to cut rates Dollar strengthens Gold typically drops 30-50+ pips Weak NFP (