Gold holds weekly gain as payrolls loom; Bitcoin edges up

Welcome to Venor News, New York Edition. I'm Gracy Skai.

Gold holds on to a strong week as traders wait for US payrolls.

Bloomberg reports the AI selloff is deepening across Asian stock markets.

Bitcoin edges up, but regulatory uncertainty still weighs on crypto sentiment.

CNBC reports oil is set for a sharp weekly fall after the US midterms.

First, currencies. The dollar is firmer against most majors. Euro-dollar is down 0.39 percent, and the pound has slipped 0.46 percent. Dollar-yen is up 0.43 percent. The Aussie dollar is the weakest, down 0.82 percent.

Our number of the day: 12.4 percent. That's how far US crude oil has fallen this week.

Gold is down 0.49 percent today, at 4,068 dollars. But this week it is still up 4.73 percent. The daily trend is down, and the four-hour structure has turned up. Reuters reports gold fell on higher oil prices, with US payrolls in focus. The dollar is firmer today, and traders are watching the US jobs report and the consumer survey for the next signal. Gold's own card is on the wall.

Bitcoin is up 0.45 percent today, at 76,127 dollars. But this week it is down 2.18 percent. The daily structure is down, and the four-hour picture is mixed. Investing.com reports Bitcoin under pressure as US regulatory uncertainty grows. The Block reports over a billion dollars of crypto liquidations in the past day. Ethereum is up 0.59 percent today.

The key number today is the US non-farm payrolls report at 8:30 New York time. Canada also releases its jobs report at the same time.

Finally, at the time of this recording, our live barometer showed: gold is clearly bullish, euro-dollar leans bearish, and pound-dollar leans bearish. For short-term sentiment, watch Market Pulse on our website. And our Session's Briefing goes out before every session on our Telegram channel, Venor Analysis. Scan the code on your screen to join.

That's all from Venor News. Goodbye, and happy trading.