Non-Farm Is Approaching — Gold Awaits a Market-Moving Catalyst

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Non-Farm Is Approaching — Gold Awaits a Market-Moving CatalystGOLD (US$/OZ)TVC:GOLDchungngctMacro Highlights The market is now fully focused on this week's Non-Farm Payrolls (NFP) report. Expectations that the Fed will keep interest rates higher for longer continue to weigh on gold. Ahead of major economic data releases, markets often become choppy and prone to liquidity sweeps. Trading Plan Gold remains in a sideways range between: 4430 – 4480 Key resistance levels to watch: 4480 | 4515 | 4540 | 4580 Key support levels: 4430 | 4400–4405 | 4380 | 4365 Personal View My preferred strategy remains: Buy low – Sell high within the current range. Price is currently bouncing from support, but bullish momentum still looks relatively weak. If gold continues to face rejection at nearby resistance levels, it could revisit: 4430 → 4400–4405 → 4380–4365 On the other hand, if price achieves a clear breakout above: 4480–4515 then gold could extend its recovery toward: 4540–4580 Main Idea Non-Farm Payrolls is the key event of the week. Gold remains trapped in a broad consolidation range. Range-trading strategies remain preferable until the data is released. Trade the breakout once the market decisively leaves the range. "The closer we get to Non-Farm, the higher the chance of seeing liquidity sweeps in both directions. Risk management matters more than predicting the next move." 🔥 What do you think? Will Non-Farm help gold break higher toward 4540–4580, or will selling pressure push it back toward 4400–4365