非农报告成黄金市场关键风向标
Jin Tou Wang·2025-07-03 02:08

Group 1 - The core viewpoint of the articles highlights the impact of upcoming non-farm payroll data on gold prices and market expectations for interest rate cuts [1][2] - The ADP employment data has sparked expectations for rate cuts, which directly catalyzed the rise in gold prices [1] - The non-farm payroll report is considered a key indicator for assessing the health of the U.S. labor market, with economists predicting an increase of 110,000 jobs in June, down from 139,000 in May, and an expected slight rise in the unemployment rate from 4.2% to 4.3% [2] Group 2 - Goldman Sachs analysts predict a more pessimistic scenario with only 85,000 new jobs added, alongside a reduction of 15,000 federal government positions, indicating potential pressures on the job market due to immigration policies and tariffs [2] - The importance of the non-farm payroll report extends beyond the data itself, as it provides guidance on the Federal Reserve's monetary policy path, with any unexpected labor market performance likely to trigger significant market volatility [2] - If the labor market continues to show weakness, investor confidence in rate cuts will strengthen, potentially supporting gold prices; conversely, strong data may lead the Fed to slow down rate cuts, exerting downward pressure on gold [2] Group 3 - Technical analysis indicates that gold prices experienced fluctuations, with a daily low of 3,327 and a high of 3,360, closing at 3,356, suggesting a potential upward trend with a focus on the 3,400 level [3] - The current price is below 3,350, with key support levels identified at 3,330 and 3,300, emphasizing the importance of the upcoming non-farm data for market direction [3]