Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Futures Kickoff
Get prepared for your futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
#密码资产动态追踪 Gold Market Quick Review: Breakthrough 4500 or Continue to Oscillate? Non-Farm Payrolls to Decide!
After opening yesterday, gold prices steadily declined, and this morning rebounded to around 4484 before encountering resistance. At this level, decisively shorted, successfully gaining 30 points, which fully met expectations.
On Thursday, Federal Reserve Board member Milani expressed support for a 150 basis point rate cut by 2026, a dovish signal that directly pushed gold higher. International spot gold responded with a rise of over $20, up 0.48%. It’s clear how sensitive the market is to rate cut expectations.
Currently, all eyes are on the upcoming non-farm payroll data release today—this data will largely determine the short-term direction of gold prices. At the same time, attention is also on the final ruling by the U.S. Supreme Court regarding Trump’s tariffs policy, which could come as early as Friday. If the court rules it legal, gold will receive bullish support; conversely, if deemed illegal, it may cause short-term pressure on gold prices.
From a technical perspective, after this morning’s rally, spot gold entered a high-level pullback and correction phase, completing a V-shaped reversal and entering a consolidation stage. The bulls have not launched a fierce attack for now, but the buying support below is solid, indicating a typical tug-of-war between bulls and bears. We need to wait for the data to determine the next direction.
On the daily chart, the long lower shadow indicates good support below, and the price has stabilized above the 5-day and 10-day moving averages. The key resistance zone is between 4490-4500 USD—whether it can be effectively broken is crucial. Recent support levels are at 4440-4445 USD, with an important support zone at 4415-4423 USD below.
It is expected that after the non-farm payroll data is released, the market will choose a breakout direction, with overall movement within the 4415-4490 USD range. For range trading, it’s important to buy low and sell high, avoid greed-driven chasing of rallies or panic selling, and prioritize risk control.
Strategy reference: Focus on buying around 4440-4445, add positions between 4415-4423, with a stop-loss near 4403. Target the 4468-4478 zone, and if broken, aim for 4500-4510. $XAU $BTC $ETH