RoboForex Team
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Nonfarm Payrolls sent the dollar sharply lower: gold is surging towards 4,200 USD
Gold continues to strengthen after the release of US employment data. XAUUSD quotes are testing the 4,180 USD level.
XAUUSD forecast: key takeaways
The XAUUSD price forecast for today, 3 July 2026, shows that gold continues its confident recovery, testing the 4,180 USD mark. The rally began following the release of weak US labour market data, which radically changed expectations for the Federal Reserve’s monetary policy.
On Thursday, the US June Nonfarm Payrolls report was published and became a real shock to the market. The previous reading was 129 thousand, the forecast stood at 114 thousand, and the actual figure stunned the market by coming in at 57 thousand.
RoboForex Market Analysis & Forex Forecasts
Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.
Sincerely,
The RoboForex Team
Gold continues to strengthen after the release of US employment data. XAUUSD quotes are testing the 4,180 USD level.
XAUUSD forecast: key takeaways
- Nonfarm Payrolls: previously at 129 thousand, currently at 57 thousand
- The US unemployment rate fell from 4.3% to 4.2%
- The likelihood of a Federal Reserve rate hike at the July meeting dropped to 18%
The XAUUSD price forecast for today, 3 July 2026, shows that gold continues its confident recovery, testing the 4,180 USD mark. The rally began following the release of weak US labour market data, which radically changed expectations for the Federal Reserve’s monetary policy.
On Thursday, the US June Nonfarm Payrolls report was published and became a real shock to the market. The previous reading was 129 thousand, the forecast stood at 114 thousand, and the actual figure stunned the market by coming in at 57 thousand.
RoboForex Market Analysis & Forex Forecasts
Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.
Sincerely,
The RoboForex Team
