Macroeconomic Outlook for Next Week: The US and Iran are at another crucial juncture; non-farm payrolls unlikely to help gold prices break out of their current slump.

CoinFeed reported on May 3 that US President Trump accused Tehran's leadership of disunity, hindering an agreement to end the nine-week-long conflict that has triggered a global energy crisis. He stated that he "cannot agree with the requests made by Iran," but some traders interpreted this as a negotiating tactic rather than an abandonment of peace efforts. Investors will be awaiting a new batch of US earnings reports and US employment data.