Post-Market Verification: XAU/USD Hits Targets Amid NFP Volatility
Audit Report: Gold Price Action Verification (4-Hour Window) 1. The Verdict: Accurate Our previous bullish outlook for XAU/USD was confirmed by market action. Spot gold successfully breached the $4,734 resistance (R1) and fulfilled the post-NFP extension target (R2) of $4,750, reaching an intraday peak of $4,749.51. 2. Prediction vs. Reality Predicted Target: A break above $4,735 toward the $4,750 zone. Actual High: $4,749.51 (A variance of only $0.49 from the extension target). Current Spot: $4,714.22. Support Hold: The identified $4,710 pivot point successfully acted as a floor during the subsequent retracement from the highs. 3. Movement Analysis The price action over the last four hours followed the “NFP Factor” script with high precision: ...