# Gold Price Stabilizes Near $4,070

> Gold price holds near $4,070 after U.S. jobs report pushes dollar higher.
- Title: Gold Price Stabilizes Near $4,070 · TradingView | Shortify
- Summary: Gold price holds near $4,070 after U.S. jobs report pushes dollar higher. Gold price stabilized around $4,070 following stronger U.S.
- Keywords: xauusd, u.s. nonfarm payrolls, dollar, treasury yields, gold price, TradingView
- Source: TradingView — https://tradingview.com/chart/XAUUSD/yFkxHC0n-XAUUSD-Value-Acceptance-Around-4-070
- Published: 2026-11-07T01:52:04+00:00
- Read time: 1 min
- Topics: xauusd, u.s. nonfarm payrolls, dollar, treasury yields, gold price, business, finance
## Gold Auction Status
XAUUSD is moving from directional recovery into rebalancing auction.
## Recent U.S. Labor Data
October U.S. nonfarm payrolls increased 165K versus 65K expected, unemployment edged down to 4.1%.
## Dollar and Gold Reaction
Dollar rose 0.7%, Treasury yields increased, and gold fell more than 1% intraday to $4,033.
## Current Gold Price Range
Price is developing short-term auction around $4,055, $4,075.
## Key Auction Levels
Upper Value Reclaim at $4,085, $4,102, Lower Balance Test at $4,030, $4,045, Major Lower Value at $3,965, $3,982.
## Auction Scenario
Price may test lower balance before attempting upper value reclaim if acceptance fails.
## Key takeaway

Gold price stabilized around $4,070 following stronger U.S. labor data that increased dollar strength and Treasury yields.