Gold (XAU/USD) and Silver (XAG/USD) priced in the US dollar, needless to say, depend significantly on the value of the USD overall. The market is waiting for tomorrow's US NFP to help determine the direction of the USD at least in the short-term. Let's take a look at the charts of these previous metals as they also await the key jobs data for direction. Gold has been falling since late January after making a high on the year around 1307. After sliding to 1190, it started to consolidate in late February. However, if was not able to push above a previous support/resistance pivot area around 1220. The 4H chart shows ... (full story)