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#美国就业数据表现强劲超出预期 The global risk aversion sentiment is continuously rising, and the precious metals market responds accordingly. Gold opened today showing a strong pump momentum, with a clear long positions pattern.
The current market is quite interesting—the gold price is repeatedly contested in the range of 4350-4360, which has become a position where many traders are eager to build their positions. From a technical perspective, this is a good entry window for long positions.
Looking up, the range of 4375-4395 should become the next key resistance. If the gold price can break through here, there is a chance to challenge the historical high, which would be the real point of interest. $BTC also performed during this wave of risk aversion.
Friends interested in precious metals should pay attention to the subsequent trends of U.S. economic data—these indicators are often a barometer of risk aversion.