On Friday, the US Bureau of Labour Statistics will release the much-anticipated non-farm payrolls data, with the market expecting 125,000 new jobs to be created and the unemployment rate to remain unchanged at 4.2%.
A weakening US labour market will raise the odds of a dovish Fed, which is good for gold.’
Gold itself does not bear interest, so it usually performs well in low interest rate environments.
$WCT actually hit $1.35, then x posts hyped its rise before an expected dump. It all happened in 16 days. Eerily similar to $LAYER's playbook: airdrop, T1 CEX listing, pump to 2x prior ATH, then dump. I wonder if they share the same market maker. $WCT #WCTToken #Wctpriceprediction
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