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 jumps 1.5% ahead of NFP, hitting its highest level since Jan. 30
Economic calendar: NFP data and US oil inventory report 💡
Silver rallies 3% 📈 A return of bullish momentum in precious metals?
Morning Wrap: Dollar in a trap, all eyes on NFP 🏛️(February 11, 2026)