Tonight's mini non-farm payrolls and Fed speech, stay light or wait before the data.


Gold strong support: 3940 (intraday low, key watershed for this decline); secondary support 3900, 3880

• Short-term resistance: 3985, the 4000 integer psychological level

• Strong resistance: 4030, 4060 (previous heavy overhang area, where rebound faces severe pressure)
Cycle structure: 4-hour bearish alignment, moving averages suppressing all the way; hourly level in oversold recovery phase, no clear stop-loss signal, recovery is just a mid-decline continuation. Without breaking above 4030, the short-term bearish tone remains unchanged.
GLDX-1.07%
PAXG-1.05%
XAU-1.04%
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