#美国证券交易委员会推进数字资产监管框架创新 The difficulty of breaking through 4380 in gold is greater than expected. Although the market momentum is strong, this price level remains a tough nut to crack. As non-farm payroll data approaches and market sentiment is generally bullish, it’s actually better to be more cautious — because the hotter the atmosphere, the easier it is to be ambushed and pushed down.

From a technical perspective, the upward momentum is still there, but that doesn’t mean a straight rise. The biggest risk in the market is uniform expectations — when everyone is bullish, how will the opposing side play?

Two strategies are recommended: either stay on the sidelines and wait, letting the non-farm data settle before clarifying the direction; or patiently wait in the 4270-4280 correction zone, confirm support, and then lightly enter long positions.

Aggressive approach: try small short positions around 4365, with a stop loss set at 4382, targeting 4270.