#分享美股交易赢英伟达股票 Spot gold maintains a high-level narrow range during the midday session, with a slight pullback intraday, testing 4496 USD in the early session before facing resistance and pulling back, losing the 4500 USD level, leading to a tug-of-war between bulls and bears with sideways fluctuations.

Strong U.S. employment data has boosted the dollar and U.S. Treasury yields, cooling expectations of rate cuts, continuously suppressing the upward space for gold prices. Middle Eastern geopolitical fluctuations have brought sporadic safe-haven buying, combined with ongoing global central bank gold purchases, supporting the lower side and limiting deep corrections.

On the technical side, resistance is at 4495-4500 USD, with short-term support at 4450 USD. The short-term trend is unlikely to break the range; tonight's focus is on U.S. economic data, with short-term trading relying on buying at the lower end and selling at the upper end of the range, while being cautious of volatility caused by data releases.

Trading strategies: Buy at 4450-4460, stop at 4440, target 4490
Sell at 4480-4490, stop at 4505, target 4470