BREAKING
49d 4h ago

Gold Set to Rally as Weak US NFP Spurs Early Fed Rate-Cut Bets, FOREX.com Analyst Says

NFP

NFP/USDT

$0.0198
+5.88%
24h Volume

$2,660,236.05

24h H/L

$0.0200 / $0.0187

Change: $0.001300 (6.95%)

Funding Rate

+0.0050%

Longs pay

Data provided by COINOTAG DATALive data
NFP
NFP
Daily

$0.0199

0.51%

Volume (24h): -

Resistance Levels
Resistance 3$0.0232
Resistance 2$0.0220
Resistance 1$0.0209
Price$0.0199
Support 1$0.0197
Support 2$0.0185
Support 3$0.0175
Pivot (PP):$0.019733
Trend:Downtrend
RSI (14):32.2

COINOTAG News highlights a macro preview from FOREX.com market analyst Fawad Razaqzada ahead of the U.S. November Non-Farm Payrolls. The consensus calls for subdued payroll growth around 50,000 jobs, with the unemployment rate potentially rising to 4.5%. The data trajectory will influence Fed rate-cut expectations and can shape moves in gold and other risk assets.

According to FX168 coverage, a softer-than-forecast print could accelerate expectations for an earlier policy shift, supporting gold prices and shifting liquidity toward alternative assets, including cryptocurrencies. Markets will also weigh wage dynamics and the broader dollar trajectory as the NFP lands.

Readers are advised to view the release as data-driven, with real-time updates guiding risk sentiment. The emphasis remains on U.S. NFP data, unemployment rate, and Fed guidance to calibrate positioning across equities, gold, and digital assets.

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