Practical Tips: How does the range narrow before the Non-Farm Payrolls?

Let me break down today's market situation for everyone; this is a very typical pre-NFP trend.

The morning session was characterized by wide fluctuations, with a high around 4735 and a low dipping to 4680, as bulls and bears tugged back and forth, never breaking through.

Then the range started to clearly contract, with the highs no longer being refreshed and the lows continuously rising, now narrowing to around 4730-4700, with the price hugging the middle band of the Bollinger Bands, and volatility decreasing.

This is the normal state before the Non-Farm Payrolls: before the data is released, funds generally stay on the sidelines, not actively pushing in one direction, with both bulls and bears waiting for a clear trend. The market gradually shrinks from wide-range fluctuations into a small, consolidating zone.

This is also a lesson I’ve learned multiple times from non-farm analysis: before the trend emerges, operate according to a range-bound strategy, avoid predicting a single direction or blindly chasing orders, and wait until the trend is clear before following the momentum. The win rate will be much higher. #黄金