Analyzes

Gold surged higher on Monday, breaking past technical targets, with momentum now pointing toward $3,915 and potentially the psychological $4,000 mark.

Silver broke above $47 in early trading, with momentum eyeing the long-term $50 resistance, though analysts warn the rally looks overextended.

The New Zealand dollar lost momentum at 0.58, with traders eyeing fresh downside as USD strength and growth concerns keep the NZD/USD in a bearish trend.

The euro trades near 1.1680 with bearish momentum, as traders watch US jobs data and key 1.1645–1.1590 support for the next move.

Gold remains bullish near $3,800, with US jobs data set to decide whether momentum carries prices toward the $4,000 milestone.

GBP/USD builds on Friday’s gains and trades in positive territory comfortably above 1.3400 in the European morning on Monday. The pair’s technical outlook is yet to point to a bullish reversal in the short term.