Gold Holds Above 3342 Ahead of Key U.S Data –Bullish Bias Intact

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Gold Rises as Market Awaits Key U.S. Economic Data

Gold prices are pushing higher as investors position ahead of today’s major U.S. economic releases, including NFP and unemployment figures. Expectations of weaker data are supporting bullish sentiment.

Technical Outlook (XAU/USD):

Gold maintains a bullish structure as long as it trades above 3,342.
→ A push toward 3,365 is likely
→ A 1H close above 3,365 would open the path toward 3,375


However, if price closes below 3,342 on the 1H chart, bearish momentum may build, targeting 3,331 and 3,320

Key Levels:
• Resistance: 3,365 / 3,375 / 3,390
• Support: 3,341 / 3,331 / 3,320

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