7.6 Monday Gold Brief Discussion:

From a fundamental perspective, the previously released U.S. non-farm payroll data significantly missed expectations. The weakness in the labor market has undermined the Fed's confidence in maintaining high interest rates. Market expectations of a rate cut subsequently rose briefly, dragging both the U.S. dollar and U.S. Treasury yields lower, providing solid bottom support for gold prices.
On the technical side, the current Bollinger Bands on the chart are diverging downward across the board. After failing to stabilize at the 4200 level, a direct V-shaped reversal has brought the price to around 4170. On the daily timeframe, there is a clear need for a pullback.

Short near 4190-4220, target: near 4140-4100.

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All of the above are personal entertainment sharing and do not constitute any investment advice.$BTC $ETH $XAU