GOLD Daily Outlook — March 6, 2026 by JoeyWaveGold vs US DollarPEPPERSTONE:XAUUSDJoeywave369Gold dropped hard from $5,195 down to $5,051 yesterday as profit-taking pressure continued. Now we're heading into NFP Friday — the biggest event of the week. Forecast: ~58K jobs vs 130K prior. That's a massive deceleration. A weak print could flip sentiment back in gold's favor fast. A surprise beat? More pain ahead. 5,000 remains the line in the sand. Above it — structure stays intact, long-term bull case untouched. Below it — we reassess. 🔴 Resistance: 5,142–5,150 / 5,186–5,205 🟢 Support: 5,045–5,050 / 5,000–5,031 Bias: ⚪ Neutral — NFP decides today. Geopolitical risk (Day 7, US-Israel-Iran) still the long-term floor for gold. Every sharp dip in a bull market is a potential opportunity — but today, patience beats prediction. Don't trade the spike. Trade the reaction. 🎯 📅 Key events today — GMT+7: - 20:30 — NFP (exp. 58K vs prior 130K) - 20:30 — Unemployment Rate (exp. 4.3%) - 20:30 — Avg Hourly Earnings (exp. 0.3%) ⚠️ High volatility expected. Manage your risk. ⚠️ Not financial advice.