#GOLD fell sharply after testing the $3,350 zone and is now trading near $3,307, just under the 50-period moving average on the 4-hour chart. The drop #follows stronger-than-expected U.S. jobs data, where jobless claims came in lower at 228,000, and continuing claims also declined to 1.879 million, signaling a resilient labor market. Despite this pressure, gold has so far found minor support near the $3,241 level. If this zone fails to hold, further downside may lead to retests of $3,176 or even $3,043. However, the fact that gold hasn’t broken down aggressively and is holding above the 200-MA near $3,205 suggests that buyers are still active possibly viewing gold as a longer-term hedge against uncertainty, especially ahead of today’s #FedRateDecisions .#TenupAnalysis #TradeSignal