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In the evening, the US non-farm payroll data and PMI figures were released. The US stock market, gold, silver, and crude oil markets were closed, and the market did not experience significant volatility. Overall, the price has been fluctuating within the 67,300-66,300 range, with a back-and-forth adjustment. Currently, it is oscillating around 66,800, and market enthusiasm has waned with the arrival of midnight, indicating a calm before the storm.
From the current daily chart structure, the market shows increasing bearish momentum with two consecutive downward candles, now forming a doji candle, with the curve gradually trending downward. The four-hour level shows consolidation below the midline, with MACD moving downward and KDJ gradually moving upward. The hourly level maintains range-bound oscillation, with MACD gradually moving upward and approaching the zero line, indicating a potential upward move.
Early Saturday market outlook:
Price around 67,300-67,800, watch for a move toward 66,300-65,300.
Price around 2,075-2,095, watch for a move toward 2,020-2,175.
No matter how accurate your market judgment, strict risk management is essential. Capture profits within the range and secure your gains.