Daily Market Report
➢ Gold trades slightly up but below key resistance at $3,260–$3,265.
➢ USD pulls back after 3-day rally, supporting gold modestly.
➢ US-China trade optimism improves risk sentiment, limiting gold’s safe-haven appeal.
➢ NFP report awaited for Fed policy cues.
➢ US signals openness to tariff talks with China.
➢ Fed rate cut bets grow after weak US GDP, PCE, and jobless claims data.
➢ NFP forecast: +130K jobs vs. +228K prior; Unemployment steady at 4.2%.
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