Friday's Non-Farm Payrolls data is about to be released. Everyone must stay alert and manage risk carefully—markets can turn on a dime.
Let's review the basic fundamental logic from this morning. Recently, the U.S. Embassy issued a warning about the Ukraine situation, and in the coming days, large-scale military conflicts are likely to occur, significantly increasing geopolitical risks. During such times, safe-haven funds tend to flow into gold, so the support level for gold prices should remain relatively stable. This needs continuous attention.
Yesterday's market movement was quite interesting—gold prices briefly dropped to 4407 but failed to break below the key support line at 4400, which ended the bearish momentum. Afterwards, the trend shifted directly—during the Asian and European sessions, prices mostly oscillated, and during the US session, they started to rally, finally reaching 4477.
Currently, focus on two key levels: in the short term, see if 4485 can hold; above that, there's a tough resistance at 4500. The performance after the Asian session opens is especially critical—whether prices can break through resistance directly or will be repeatedly tested at this level. Keep a close eye on market movements.
From the 4-hour chart perspective, gold prices are repeatedly testing high levels, with the upper trendline firmly pressing down on the price. If this level cannot be broken, a short-term correction is likely, though the decline probably won't be as fierce as before. The key support below is around 4450—an important bottom support level.
Overall, today we just need to watch the Asian session's attitude, as it will give clues about the next direction. A risk reminder: Non-farm data may cause significant volatility, so position management must be rigorous.
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FarmHopper
· 01-11 03:54
The night before Non-Farm Payrolls, stay calm. One data point can cause the market to reverse instantly.
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Not breaking 4400 indicates that the bulls still have confidence. Whether this rally can reach 4500 depends on how the Asian session performs.
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Geopolitical risks are rising, so gold remains stable. The logic makes sense, but don't rely too much on fundamentals; data is king.
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Honestly, if I can't hold 4485, I will reduce my positions. Playing with nerves during Non-Farm Payrolls is not worth it.
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Repeatedly testing resistance levels is the most annoying. It's better to wait for a breakout before entering to feel more secure.
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Watch the Asian session opening directly to gauge the attitude; otherwise, you'll be stuck debating again later, which costs too much time.
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AltcoinHunter
· 01-09 16:16
Non-farm payrolls still require reducing positions at this time, don't be greedy
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If 4485 can't be broken, it feels like it's going to crash; risk control really can't be neglected
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Geopolitical risks intensify, gold remains stable? Why do I always miss the opportunity?
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Honestly, this wave's technical analysis looks quite clear, but I will still withdraw everything before the non-farm payrolls; I can't change my retail trader mentality
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Brothers, I just want to know if 4450 can hold after the Asian session opens; that's the key
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Another risk warning, every time they emphasize cautious positioning, but it still gets beaten down by the market
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This analysis seems professional, but I always feel something is about to break; what do you think?
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Calm analysis: Non-farm data can turn the world upside down, but my positions can turn me upside down too
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MEVHunter_9000
· 01-09 00:50
How can you go all-in during non-farm times? You might end up blowing your account directly.
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MEVHunterWang
· 01-09 00:47
Non-farm payrolls are coming, so watch your stop-losses. One data point can reverse the market from bullish to bearish or vice versa.
I'm a bit worried about the 4485 level; if it can't break through, we'll have to start over.
Geopolitical risks are escalating, so gold should stay stable, but black swan events like non-farm payrolls are unpredictable.
The Asian session is really critical; the opening can reveal the subsequent trend, so keep a close eye.
Don't be too greedy below 4450; risk management is much more important than bottom fishing.
If this wave breaks 4500, that would be great, but don't overthink it—just focus on survival.
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TaxEvader
· 01-09 00:41
Non-farm payroll day is most feared for missing out; waking up to find your account gone.
The key level of 4500 must be watched closely; if broken, it will directly hit the monthly line.
Geopolitical risks are rising, and gold indeed has confidence, but don’t be fooled by the fundamentals.
Honestly, no matter how good risk control is, it can't prevent that one blow from the non-farm payroll.
Before the Asian session opens, I need to check my stop-loss again; at such times, mindset is more important than analysis.
I’m optimistic about breaking 4500, but the probability is low; more likely, it will fluctuate repeatedly.
Suddenly, I remembered the scene of being washed out during the last non-farm payroll; this time, I dare not relax.
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IronHeadMiner
· 01-09 00:33
Non-farm payrolls are really deadly at this time; one misstep and you'll get liquidated
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4400 not broken is the bottom; this logic is clear
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Geopolitical tensions heating up, gold is in demand; this routine has been played out long ago
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If the Asian session can't break 4485, go straight in to buy the dip, I bet
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Risk control, risk control, they say every day; when it really matters, it's all in
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The 4500 hurdle is a bit tough; let's see if we can bite through it
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Ukraine has some new movements; is gold going to be a store of value again?
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Position management is something only those who haven't suffered losses believe in
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CounterIndicator
· 01-09 00:28
Non-farm payrolls really make me hesitant to go all-in; I've taken some hits before.
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If 4400 can't hold, it's over. Can we break through 4500 this time?
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Geopolitical tensions heat up, does gold stay stable? I doubt it; this year's market is too unpredictable.
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Trading in the Asian session for half a day, probably going to mess around again. It's a bit annoying.
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Strict position management sounds good in theory, but when non-farm payrolls come out, who isn't caught off guard?
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I just want to know if 4500 can break this time; otherwise, we're stuck in this back-and-forth.
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The logic of gold as a safe haven is already worn out; the key still depends on how the dollar moves.
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Is 4450 the bottom? It looks more like a rebound point to me. Risk control needs to be planned in advance.
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Talking about risk control again, but when the market actually moves, who can really do it?
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The attitude in the Asian session determines the direction. Honestly, this logic is indeed sound.
Friday's Non-Farm Payrolls data is about to be released. Everyone must stay alert and manage risk carefully—markets can turn on a dime.
Let's review the basic fundamental logic from this morning. Recently, the U.S. Embassy issued a warning about the Ukraine situation, and in the coming days, large-scale military conflicts are likely to occur, significantly increasing geopolitical risks. During such times, safe-haven funds tend to flow into gold, so the support level for gold prices should remain relatively stable. This needs continuous attention.
Yesterday's market movement was quite interesting—gold prices briefly dropped to 4407 but failed to break below the key support line at 4400, which ended the bearish momentum. Afterwards, the trend shifted directly—during the Asian and European sessions, prices mostly oscillated, and during the US session, they started to rally, finally reaching 4477.
Currently, focus on two key levels: in the short term, see if 4485 can hold; above that, there's a tough resistance at 4500. The performance after the Asian session opens is especially critical—whether prices can break through resistance directly or will be repeatedly tested at this level. Keep a close eye on market movements.
From the 4-hour chart perspective, gold prices are repeatedly testing high levels, with the upper trendline firmly pressing down on the price. If this level cannot be broken, a short-term correction is likely, though the decline probably won't be as fierce as before. The key support below is around 4450—an important bottom support level.
Overall, today we just need to watch the Asian session's attitude, as it will give clues about the next direction. A risk reminder: Non-farm data may cause significant volatility, so position management must be rigorous.