September 3, Thursday, afternoon gold outlook Yesterday’s ADP private payrolls data came in below expectations, indicating a cooling labor market and driving a strong rebound in gold. However, the market has not fully committed to going long, with all funds still waiting for Friday’s nonfarm payrolls data to determine the final direction. The 4400–4420 area above is the current core resistance zone, and the current price is right here. If gold can hold above this level with increased volume, the rebound will extend further toward around 4450; if it repeatedly fails to break through, bullish momentum will run out, making a pullback after the rise likely. Short-term support below is at 4330–4300. As long as this support holds, the corrective structure of this rebound will remain intact; once it breaks decisively, this rebound will be over, the market will weaken again, and gold may fall toward 4250–4260. Suggested strategy: scale into shorts at 4450–4470, with targets at 4400–4330$BTC $ETH $SOL #Gate美股期权正式上线