XAUUSD

The US Dollar (USD) rose to 103.90 on Friday’s Dollar Index (DXY) char.

• January Nonfarm Payrolls: 353K jobs created (180K projected), robust growth.
  
• Average Hourly Earnings (January): 0.6% MoM increase, surpassing 0.3% consensus.
  
• Annual Average Hourly Earnings (2024): 4.5%, up from 4.4%.
  

Gold likes to return to previous levels and then probably head lower.
USD Stong
Gold Weak