XAU/USD and XAG/USD Technical Insights Following Strong US Job Data
Both Gold (XAU/USD) and Silver (XAG/USD) exhibit strong price movements following recent US labor data, showing significant upward trends. XAU/USD has surged past the $3,360 mark while XAG/USD also rises, breaking above the $33.60 threshold. Enhanced US dollar weakness has fueled their price strength, showcasing their resilience in the market. Investors should stay updated on both metals, analyzing potential upward momentum in the coming sessions. This technical analysis seeks to inform and guide trading strategies for successfully navigating XAU/USD and XAG/USD.