Gold Futures – Momentum Strong but Eyes on Jobs Data

Price pushed extremely bullish yesterday, with little chance for pullbacks. I admittedly got stopped out a few times from reacting too quickly to impulses, so today I’m focused on patience and waiting for confirmation.

Currently, Gold is holding above recent levels after breaking higher. There’s still a clean 4H/8H FVG below that price could revisit, but as long as momentum stays intact, buyers remain in control.

⚠️ Important: Tomorrow brings ADP Non-Farm Employment, Jobless Claims, and ISM Services PMI — all of which could drive volatility. Friday is the heavyweight NFP release. Until then, we may see liquidity hunts or choppy price action.

Scenarios I’m watching:

✅ Bullish continuation toward new highs if support holds.

🔄 Deeper pullback into the FVG if momentum stalls.

Staying patient, letting the market show its hand, and keeping risk tight ahead of news.