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Silver is Still Looking to Find its Direction
The silver market continues to be very noisy, as we are looking to figure out whether or not the markets can turn things around. Silver has pulled back a bit during the trading session here on Tuesday as we continue to hang around the 50-day EMA. Keep in mind that silver was just bludgeoned half to death on one specific candlestick a couple of Fridays ago and that's not the kind of thing that a market bounces back from easily. With that being the case, I think you have to be very cautious here and I would anticipate more trouble, not less. As you can see from the chart, I have an area between $70 and $90 marked as a ... (full story)
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Total nonfarm payroll employment rose by 130,000 in January, and the unemployment rate changed little at 4.3 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in health care, social assistance, and construction, while federal government and financial activities lost jobs. This news release presents statistics from two monthly surveys. The household survey measures labor force status, including unemployment, by demographic characteristics. The establishment survey measures nonfarm employment, hours, and earnings by industry. For more information about the concepts and statistical methodology used in these two surveys, see the Technical Note.
U.S. payrolls rose by 130,000 in January, more than expected; unemployment rate at 4.3% Job growth was stronger than expected to start 2026, providing some relief to concerns about the state of the U.S. labor market. Nonfarm payrolls increased by 130,000 for January, above the Dow Jones consensus estimate for 55,000, according to seasonally adjusted figures the Bureau of Labor Statistics released Wednesday. The total also was an improvement over December, which saw a gain of 48,000 after a slight downward revision. The unemployment rate edged lower to 4.3%, below the forecast to stay unchanged at 4.4% from the prior month. The report, delayed nearly a week by the partial government shutdown that ended Feb. 3, held consistent with a US LABOR DEPARTMENT PAYROLLS BENCHMARK REVISIONS: THE SEASONALLY ADJUSTED NONFARM EMPLOYMENT LEVEL FOR MARCH 2025 WAS REVISED DOWNWARD BY 898,000 ... THE JOBS STORY JUST GOT REWRITTEN On February 11, 2026, the Bureau of Labor Statistics slashed its 2025 payroll numbers in its annual benchmark update. What changed: Total job growth was revised from +584,000 to +181,000. Thats an average of just +15,000 jobs per month, not
Todays main focus is the US January Nonfarm Payrolls report due tonight, which is likely to set the tone for markets this week. The market expects payrolls to rise to 70K (previous 50K), the unemployment rate to hold at 4.4%, and average hourly earnings (m/m) to remain modest at 0.3%. While headline job growth is forecast to pick up, recent indicators ...
From forex.com | Feb 11, 2026
Gold prices are grasping to hold support at the $5k level and I looked at this in close detail during yesterdays webinar, getting down to the one-minute chart to monitor how buyers could defend that price which has so far held. As I looked at last week, the bigger picture bullish bias in gold very much remains in-place but what is more of a question is ...