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Gold and Silver Price Forecast: Price Compression Builds Ahead of NFP Data

Gold and silver remain under pressure ahead of the U.S. nonfarm payrolls report, with both metals trapped in tight ranges as traders wait for a breakout confirmation.

CJPN24 AI Desk••2 min read
Gold and Silver Price Forecast: Price Compression Builds Ahead of NFP Data
Gold and Silver Price Forecast: Price Compression Builds Ahead of NFP Data
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Gold (XAU) prices pull back on Friday as investors avoid risk ahead of the U.S.

The price also fell for the week as optimism over a U.S.-Iran peace deal waned.

The escalation of tensions in the Middle East is a strong boost t..

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Source: FXEmpire

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CJPN24 AI Desk

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