Gold has followed the structure we discussed earlier: sideways consolidation - breakout- strong upside expansion. Price is now around $4,380, sitting directly inside the $4,360–$4,395 resistance zone. The key point is that price is still holding above the 50 EMA (~$4,367), while the 200 EMA remains much lower around $4,145, keeping the broader 4H structure bullish. A clean break and hold above $4,395–$4,400 would strengthen the case for further upside. If this zone rejects price, a retest toward the $4,360 area would be normal.
🇺🇸 61.4% of working-age Americans are now participating in the labor force, the lowest since May 2020, and outside the pandemic, the worst since March 1976.
This isn't a blip: participation has fallen 7 of the last 8 months, a cumulative drop of 1.1 percentage points.
Workers aren't being fired... they're vanishing from the count entirely.
A shrinking labor force means unemployment stats look better than reality actually is.
🇾🇪🇸🇦 Houthis just hit Aramco's Jazan refinery with two drones, and oil didn't wait around to react
That chart's not subtle. Crude was drifting under $81 all afternoon, then the second this hit the wires it just... took off.
Framing it as retaliation for Saudi "violations" in Saada and Hodeidah. So this isn't a one-off, it's part of a back-and-forth that's clearly still live