箭在弦上! 美国非农数据重磅来袭 黄金能否重返3400美元
Jin Tou Wang·2025-06-06 11:26

Core Viewpoint - The upcoming U.S. non-farm payroll report is expected to show a significant slowdown in job growth, with economists predicting an addition of only 130,000 jobs in May, down from 177,000 in April, raising concerns about the labor market and economic outlook [1][2][3]. Economic Indicators - The unemployment rate is expected to remain unchanged at 4.2%, while average hourly earnings are projected to increase by 0.3% month-over-month, up from 0.2% in April [1]. - Discrepancies in Wall Street predictions exist, with Goldman Sachs forecasting a lower job growth of 110,000, while Bank of America anticipates close to 150,000 jobs added, and JPMorgan's estimate aligns with the market consensus at 125,000 [2]. Market Sentiment - Market expectations have been adjusted downward ahead of the non-farm data release, with potential implications for risk assets depending on the report's outcome [2]. - The labor market's performance is viewed as a key indicator of economic strength, especially as it accounts for nearly 70% of U.S. economic activity [3]. Technical Analysis of Gold - Gold prices are currently maintaining a bullish outlook, needing to break through the key resistance level of $3,377 per ounce to continue the upward trend towards historical highs of $3,500 per ounce [4]. - A significant support level for gold is identified at $3,297 per ounce, with further declines potentially testing the 50-day moving average at $3,262 per ounce [5]. Upcoming Economic Events - Key economic data to be released includes Canadian employment figures, U.S. unemployment rate, seasonally adjusted non-farm payrolls, and average hourly wage rates, all scheduled for 20:30 [6].