Strategy before the release of US NFP employment dataGoldOANDA:XAUUSDActuaryJLooking ahead to the next 15 days, gold's future direction will still depend on today's NFP employment data. If the employment report is weak, it will confirm the trading logic of Kevin Warsh, who advocates a pause in interest rate hikes. If employment and wage data are stronger than market expectations, the US dollar and short-term US Treasury yields may regain the upper hand, thus suppressing the upside potential of precious metals. Gold continued its rebound, experiencing a sharp rise yesterday, reaching a new high of 4510, a short-term gain of over $100. The 1-hour and 4-hour charts show a golden cross of moving averages opening upwards, with the Bollinger Bands expanding accordingly. Gold prices are maintaining their position in the upper half of the Bollinger Bands. The RSI indicator is firmly above the midline, maintaining a complete bullish technical structure. Today, Friday, the NFP employment data during the NY session is the core of this week's market movement; the ADP data and regulators' speeches were merely preludes. Before the NFP data release, the market is generally expected to consolidate sideways. My suggestion: BUY: 4435-4440 BUY: 4425-4430