The US NFP has delivered a massive and unexpected surprise. Employment gain was at +266k and unemployment rate slipped to 3.5%. Also annual wage growth was slightly higher than expected. After a week of disappointing US figures this is a U-turn and we see a proper market reaction: EURUSD down, GOLD down, US500 up. Gold is reversing lower from a resistance zone.

Gold loses almost 1% 📉
Morning wrap: Stock Indices Fall Again 🚩 Oil Tries To Rebound Following US Strike on Iran’s Qeshm Island (03.11.2026)
Daily Summary: A Rollercoaster Ride in the Commodities Market🚨Oil Drops 7%; Gold Rallies Over 2%💥
🚨Oil and gas in Europe in a panic sell-off