Spot gold undergoes range-bound consolidation following a sharp decline, with limited upside momentum and heavy overhead pressure. Short-term action remains range-bound, favoring trading between key support and resistance zones.

U.S. August NFP surged by 162k, reviving September rate hike odds to around 60%. Renewed US-Iran weekend military clashes pushed energy prices higher, reigniting inflation fears. Spot gold consolidates bearishly; intraday strategy favors selling on rallies in the $4,413-$4,425 zone.

Fed Governor Waller's dovish signals cool rate hike bets, propelling spot gold back to the $4,500 mark and silver up over 2.5%. Markets brace for tonight's NFP report. Daily charts maintain golden crosses, favoring medium-term longs on pullbacks.

Fed Governor Waller's dovish remarks cooled September rate hike expectations to around 50%, dragging down the dollar and Treasury yields. As markets await tonight's critical NFP report, gold consolidates at highs. The intraday strategy advises buying on dips near the $4,460-$4,466 support zone.

Weaker-than-expected US August ADP employment data cooled Fed rate hike expectations, triggering a retaliatory rebound in gold and silver. Amid escalating US-Iran conflicts and sustained central bank buying, markets await the NFP report as precious metals maintain a volatile upward trajectory.

Spot gold surged past $4,400 as U.S. August ADP private payrolls added only 38,000 jobs, cooling September Fed rate hike expectations. While 1-hour moving averages have flipped bullish, chase-buying is not recommended; intraday strategy favors buying on pullbacks toward the 4,384-4,392 support band.