XAUUSD

The 3,458.31 pivot is used as a reference for short-term direction determination. If the price continues to hold above the pivot, a gradual rise towards the first resistance at 3,472.14, followed by 3,487.75 and 3,512.50, is possible. If the support at 3,428.64 is broken below the pivot, a pullback towards 3,388.75 may accelerate, and a quest for balance at 3,364.20 could strengthen. In the weekly data flow, better-than-expected U.S. employment and wage indicators have the potential to exert pressure on gold through real yields; however, a weak data set could reinforce the persistence above the pivot, supporting a recovery towards upper resistance levels.