XAUUSD

Gold prices are trading at around $3,290 and are attempting to recover some of the losses from the previous day. Volatility may increase with the U.S. employment data to be released today. Despite losing 2.20% in the last month, it has shown a 34% increase on an annual basis. In upward movements, levels of 3,354.42 and 3,387.40 will be monitored as resistance. In potential pullbacks, levels of 3,303.81 and 3,242.62 stand out as significant support points. The market continues to consolidate in the 3,315-3,275 range, and today’s U.S. data could be influential in breaking this range.