Gold Comprehensive Market Outlook for Monday, July 6 and Next Week

Supported by the afterglow of the positive non-farm payrolls data, combined with the market's low-volume consolidation and absorption of gains during the U.S. Independence Day holiday, the overall trend remains firmly bullish.

Next week, the market rhythm will initially push higher and face resistance, followed by a slight pullback to wash out weak hands and accumulate strength. The daily uptrend structure will not be broken by short-term corrections. On the technical side, the Bollinger Bands maintain an upward opening, and prices firmly hold above the bullish alignment of moving averages. There are currently no trend reversal signals.

On the technical side, short-term resistance is at 4180-4200, key support at 4100-4130, and intraday nearby support lies at 4130-4150.

Coco's suggestion: The overall operation centers on buying on dips at low levels, avoiding chasing highs. If prices hold the 4100 level, continue with the bullish rhythm; once the market opens and effectively breaks below 4100, the trend will switch to bearish dominance, and you can adjust the trading direction accordingly.

Disclaimer: The above analysis is for reference only and does not constitute investment advice.