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NFP Analysis
Tonight's nonfarm payrolls outlook is clear, bullish on gold throughout.
The market expects weaker employment and lower wages, which will boost rate cut expectations, suppress the US dollar index and US Treasury yields, and be favorable for gold prices.
The chart shows bottoming and oversold recovery at low levels, with ample buying support, making it very easy for prices to rally upon data release.
Strategy: Buy on dips to support levels in batches; short-term pullbacks are entry opportunities.
Operation suggestion: Place long orders around 0.030-0.025, targeting 0.08-0.12$BTC $NFP #Strategy拟回购股票