u/CityMuch4526

US NFP DATA ANALYSIS -

Today’s Expected NFP Data

Expected Jobs Added: ~62K

Previous Reading: 178K

This means the market expects Slower job growth and Slight cooling in labor market.

Todays NFP will decide whether Fed stays hawkish OR Rate cuts become possible.

If NFP Weak: Possible Gold Targets - 4755 , 4770 , 4830

If NFP Strong: Possible Gold Fall: 4680 , 4650 ,4590