XAUUSD Hourly Analysis: Gold Holds Above $4,100 as Dollar Stays Soft Before US Jobs Data

• Price: XAUUSD near $4,105, day range $4,058-$4,147, up about 1% after Wednesday's near 3.6% surge.
• Trend: Bullish while holding above $4,100; momentum neutral-to-bullish with RSI near 52.
• Support: $4,100 / $4,058 / $4,000
• Resistance: $4,135 / $4,147 / $4,155
• Fundamental driver: Weaker US dollar (DXY near 101.6) and lower 10-year Treasury yield near 4.89% after the US midterm results; the Fed stays hawkish with around 80% odds of a December hike, and Friday's US jobs report is the next key test.
• Geopolitical driver: The US midterm Democratic sweep eased fears of further escalation in the Iran conflict, pushing oil below $100 and supporting gold.
• Outlook: Gold looks steady above $4,100 into Friday's payrolls; a break above $4,147 could open $4,155, while losing $4,100 risks a pullback toward $4,058.

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Disclaimer: This analysis is for education and information only, not financial advice.

@Mr_Charlie_007