Gold Forecast: Continues to Find Momentum After NFP Misses – 12 January 2026
Gold continues to trend higher after a softer-than-expected jobs report, with traders buying dips and targeting a potential move toward $5,000.

Gold continues to trend higher after a softer-than-expected jobs report, with traders buying dips and targeting a potential move toward $5,000.
The euro remains under pressure against the pound, struggling below key resistance at 0.87 as traders weigh central bank divergence and eurozone softness.
The S&P 500 has surged to record highs, with soft jobs data boosting Fed cut hopes and pushing the index closer to the key 7,000 psychological level.
Silver continues to show bullish momentum above $80, with dips viewed as buying opportunities as the market eyes a potential move toward $100.
The USD/JPY pair touches a fresh one-year high, around the 158.20 region, at the start of a new week, though it lacks follow-through buying amid mixed fundamental cues.
GBP/USD has broken below key support at 1.3400, with macro data from the US and UK likely to determine whether the pair hits 1.3185 or rebounds.