XAUUSD Hourly Analysis: Gold Holds Above $4,100 as Dollar Stays Soft Ahead of US Jobs Data

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- Price: ~$4,125, day range $4,058–$4,147, up ~1.6% today

- Trend: Bullish — holding above $4,100 after Wednesday's near-3% surge

- Support: $4,100 / $4,085 — Resistance: $4,135 / $4,155

- Driver: Weaker US dollar and lower 10-year Treasury yields (~4.88%) after the US midterm results; a December Fed hike is still ~80% priced

- Geopolitics: US–Iran war in its ninth month; softer oil easing inflation worries

- Outlook: Consolidation above $4,100 likely into Friday's US jobs report

XAUUSD Hourly Analysis: Gold Holds Above $4,100 as Dollar Stays Soft Ahead of US Jobs Data



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Disclaimer: This analysis is for education and information only, not financial advice.


@Mr_Charlie_007

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