Daily Gold Trading Signals NFP Special (XAU/USD) 07/02/2025

Morning Analysis: 

Daily gold trading signals: Gold is currently at $2,870, having risen from $2,834 last night. With NFP (Non-Farm Payrolls) data today, we can expect high volatility.

Forex signals today: Expected Gold Price Range in the Next 12 Hours:

                •             Bullish Case (Stronger rally if NFP is weak):

                •             Resistance Levels: $2,880–$2,890

                •             Maximum Upside Target: $2,900–$2,910 (if data is extremely weak)

                •             Bearish Case (Drop if NFP is strong):

                •             Support Levels: $2,860–$2,850

                •             Maximum Downside Target: $2,830–$2,820 (if data surprises to the upside)

Key Factors to Watch:

                1.            NFP Data Impact:

                •             Weak NFP (< 100K) → Gold could surge past $2,900+

                •             Strong NFP (> 250K) → Gold could drop toward $2,830–$2,820

                2.            Yields & Dollar Index (DXY):

                •             If U.S. yields and DXY drop, gold could rally.

                •             If they rise, gold could face selling pressure.

                3.            Market Reaction in First 30-60 Minutes Post-NFP:

                •             Initial spike may reverse quickly; expect whipsaw price action. link

TrendBullish
Buy Zone 2830
Sell Zone 2900
Resistance2865 to 2875 to 2885
Support2830 to 2840 to 2850
Performance of Day’s SignalBullish (H1-H4)
Insights for TomorrowBullish

– Key News Impact:

– Signal:

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