The US Non-Farm Payroll (NFP) report will be released today 🇺🇸 at 13:30 Moroccan time
📊 Why is this report important?
Because it determines the health of the US economy... and its impact is very significant on gold and the dollar 👇
🔹 If the report is strong (many jobs):
⬆️ The dollar rises
⬇️ Gold falls
🔹 If it is weak (few jobs):
⬇️ The dollar falls
⬆️ Gold rises
💡 Also watch:
– Unemployment rate
– Average wages
Because they affect the Federal Reserve's decision regarding interest rates!
📍 Today's gold movement may be volatile after the report... so be prepared!
#NFP #Gold #Dollar #Economy #Trading #Dhar_Hadari