Gold Smashes Weekly Records – Is a Fed Rate Cut the Next Catalyst?

🌟 Gold Set for Strongest Weekly Rally in 3 Months

Gold surged Friday, eyeing its biggest weekly gain in a quarter 🔥, fueled by growing bets on a Fed rate cut this month.

All eyes now turn to U.S. Nonfarm Payrolls (NFP) later today.

📊 1H Chart – NFP Trading Levels

⬇️ Sell Zones: $3575 | $3601 | $3627 | $3653 | $3679

⬆️ Buy Zones: $3510 | $3480 | $3450 | $3420 | $3390

💡 Treasury Market Moves

🔻 10Y Yield: 4.15% (lowest since May 1)

🔻 2Y Yield: 3.58% (4-month low)

➡️ Clear sign investors are positioning for Fed easing.

⚖️ Why It Matters

• Fed cycle seen nearing its end
• Cooling labor market (soft NFP, JOLTS, rising jobless claims)
• Easing inflation pressures
• Treasuries acting as safe-haven amid global uncertainty

Gold prices surge toward their strongest weekly performance in a quarter, hitting $3,500+ as traders bet on Fed rate cuts. With U.S. Treasury yields at 4-month lows, focus shifts to Nonfarm Payrolls for the next market catalyst.

Get detailed analysis with full article here: Gold Analysis Today