Spot gold looks to the upside at the start of Q2 2023 from a technical perspective as XAU/USD eyes the $2000 resistance handle, but how long will this last?

The U.S. dollar traded slightly higher heading into the weekend following the release of the March U.S. jobs report, but is likely to head lower if the Fed embraces a more cautious approach.

The U.S. economy added 236,000 jobs in March, a healthy but slower pace of hiring than seen earlier in the year. Meanwhile, the unemployment rate fell to 3.5% from 3.6% previously.