Gold edges down on firm US dollar as investors await key jobs data | Metals Mine

  • Gold edges down on firm US dollar as investors await key jobs data

    From brecorder.com

    Gold prices dipped on Thursday, pressured by a firm dollar as investors geared up for a key jobs report later this week that could provide more hints on US monetary policy moves and while they assess the US pressure on Venezuela. Spot gold lost 0.3% to $4,440.67 per ounce as of 0344 GMT, dipping from an over one-week high hit in the last session. US gold futures for February delivery also fell 0.3% to $4,449.60. “Traders are weighing heightened geopolitical tensions, including US intervention in Venezuela and the prospect of a Greenland flashpoint under Trump’s so-called ‘Donroe Doctrine’ against ... (full story)

Comment Options
ZforexCM
Jan 8, 2026 1:02am
Permalink
Gold eased toward $4,440 as a firmer dollar, and profit-taking capped gains ahead of Friday’s US jobs report. While softer job openings fuel Fed rate cut expectations, investors remain cautious near record price levels.

Safe-haven demand from US-Venezuela tensions and global risks limits the downside, with bullion $110 below its all-time high.

XAUUSD sees support near $4380, while resistance is around $4500.
R1: 4500 | S1: 4380
R2: 4550 | S2: 4320
R3: 4600 | S3: 4270
Attached Image (click to enlarge)
Click to Enlarge Name: gold-prices-soften-toward-4440-5151.png Size: 65 KB
Reply
Dutchy Daxy
Jan 8, 2026 6:41am
Permalink
Stuck in DS1 SP zone now
Once broken poss. down to WPP>>DS2

Up target 4442<>4445
Attached Image(s) (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 20 KB
Click to Enlarge Name: screenshot.png Size: 27 KB
Reply
minh98
Jan 8, 2026 3:21am
Permalink
Should I sell or buy, bro?
Reply
Trader#02D9
Jan 8, 2026 4:00am
Permalink
I want the best way to enter the position
Reply
Trader#55B3
Jan 8, 2026 10:53pm
Permalink
trst me bro sell the gold!
Reply
  • Story Stats

  • Related Stories