2026-01-09 09:29:56

Gold trading is currently experiencing a surge in popularity, with this week's gains reaching 3.4%. Traders are eagerly awaiting the release of the US non-farm payroll report on Friday.

Mitsubishi UFJ Bank analyst Soojin Kim pointed out that the market's focus is mainly on a few key points: whether December non-farm data can maintain stable hiring; whether the unemployment rate will continue to stay flat. The key is that if employment remains robust and the unemployment rate shows no significant fluctuations, the urgency for the Federal Reserve to restart rate cuts will decrease significantly.

However, there is an even bigger variable brewing—the Federal Reserve Chairperson candidate. Treasury Secretary Bessant recently revealed that President Trump intends to nominate Powell's successor later this month. Once this news broke, market expectations for future monetary policy direction became more uncertain. Ultimately, gold trends will depend on the real trajectory of these data and policy developments.

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PortfolioAlert

· 01-10 21:10

Non-farm data is really a crucial chess game Powell's replacement, the market has to guess again A 3.4% increase, feels like just the beginning See you on Friday, stock up on gold and get ready for a roller coaster The Fed's move has completely disrupted the rhythm Stable unemployment rate = no rate cuts in sight, that's basically it With the new chair taking office, who can predict the policy direction This wave of uncertainty is even more deadly than non-farm data itself Gold's rhythm depends on how Washington plays it

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Ser_This_Is_A_Casino

· 01-10 05:16

Non-farm payrolls are coming to stir things up again. This week's gold gains have been quite sharp, but it feels like everyone is just betting on what the Federal Reserve will do next. Is Powell stepping down? That's a huge uncertainty, and the market probably has to wait and see. Let's wait for Friday's data; it seems like a wave of volatility is unavoidable. This is a casino. Before the data is released, it's all guesswork. If the unemployment rate stays flat, gold will cool off; otherwise, how could it not?

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mev_me_maybe

· 01-09 22:00

Once the non-farm payroll data is out, it's all over. Now it's just a matter of betting on the policy direction.

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GasWrangler

· 01-09 17:00

look, if you actually analyze the mempool dynamics here, the fed chair uncertainty is sub-optimal for predicting gold's trajectory... technically speaking, nfp data alone is demonstrably insufficient without factoring in monetary policy volatility. just saying, the market's being gas inefficient about this whole thing

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GweiWatcher

· 01-09 10:00

Once the non-farm data is released, gold either soars or plunges; if you bet right, you eat well, if you bet wrong, you eat dirt. Powell stepping down? That move is quite exciting. No one can say for sure what the new Federal Reserve chair will do. A 3.4% increase looks good, but can it really hold until this Friday? All positive and negative news piled together—this wave of gold is really unpredictable. The chairperson candidate is not decided, and the policy direction is all a mystery. No wonder the market is on a roller coaster.

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ponzi_poet

· 01-09 09:55

Once the non-farm data is released, gold will either skyrocket or plummet—it's that simple. The real bombshell is Powell's replacement; whoever takes over will change the policy overnight. 3.4% is nothing; just wait for the big orders on Friday.

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OnlyUpOnly

· 01-09 09:45

Non-farm data is extremely critical this time, it feels like everyone is betting Powell stepping down? This plot twist is quite intense The 3.4% increase still needs to be watched; if the unemployment rate stabilizes, gold might be in trouble The Federal Reserve Chair changing is the real variable Waiting for Friday's breakout, currently holding positions with some anxiety

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tx_pending_forever

· 01-09 09:34

Non-farm data is so critical, it feels like it's going to explode Gold will once again depend on Trump's mood... Can Friday let me make a big profit Powell stepping down, what will the new chair do? That's the real suspense A 3.4% increase isn't much, it all depends on how Friday plays out Policy uncertainties are too many, this wave of gold feels a bit shaky

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PseudoIntellectual

· 01-09 09:31

The recent surge in gold is quite fierce. Are non-farm payrolls data really that strong? Wait, the Fed Chair is changing? Now that's a big variable; all policies will need to be reconsidered. The non-farm payrolls data look stable, but once the policy direction shifts, gold will have to follow and fluctuate again. So annoying. The successor to Powell is still uncertain. How can the market not be unsettled? Gold is just being played with like this. A 3.4% increase is enough to be shocking. Just waiting to see how non-farm payrolls will play out on Friday.

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