Within the day $XAUT staged an epic comeback. In early trading, it dipped to the 4028 low to test support, then bulls quickly exerted strength and launched a counterattack. It hit a high of 4079 before meeting resistance and pulling back. The day formed a complete V-shaped reversal pattern.

At 20:30 tonight, the most critical risk event of the week will arrive: the US will simultaneously release the three major employment data — Non-Farm Payrolls, unemployment rate, and initial jobless claims.

The 10-minute chart shows that after breaking through prior resistance, gold prices encountered resistance at the 4080 round number. The short-term uptrend has not been broken, but the upward momentum has shown marginal weakening. The 4080 level above is a short-term strong resistance, while the primary support below is focused on the 4050 area. Tonight's Non-Farm Payrolls are likely to trigger violent market fluctuations.

Retrace to the 4030-4050 range to place long orders, targeting 4080 and 4100. #Circle股价重挫17% #TradFiCFD黄金大师赛