秦氏金升：7.3非农前金价涨跌预测，黄金行情走势分析及操作建议

Core Viewpoint - The recent decline in private sector employment, as indicated by ADP data, may lead to an earlier interest rate cut by the Federal Reserve, impacting gold prices positively if the upcoming non-farm payroll data shows continued labor market weakness [1][6]. Economic Indicators - The upcoming June non-farm payroll report is crucial for assessing the health of the U.S. labor market, with economists predicting an increase of 110,000 jobs, down from 139,000 in May, and an expected slight rise in the unemployment rate from 4.2% to 4.3% [3]. - Any unexpected performance in the labor market could lead to significant market volatility, influencing investor confidence regarding interest rate cuts [3]. Gold Price Analysis - Technically, spot gold is expected to continue its upward trend, needing further confirmation, with the price struggling to break through the flat 20-day simple moving average (SMA) and the 50% Fibonacci retracement level around $3,350 per ounce [3]. - The 100-day and 200-day moving averages maintain a bullish slope well below the current gold price, while technical indicators lack strong directional strength [3]. Short-term Price Targets - The 4-hour chart suggests that gold prices may reach higher levels, targeting the next Fibonacci resistance at $3,373.50 per ounce [5]. - Following the release of the ADP data, gold prices surpassed the previous week's high of $3,357.88, indicating potential for further upward movement [6]. Trading Strategy - The current trading strategy focuses on buying on dips, with support levels identified at $3,333 and $3,327, while resistance levels are noted at $3,366 and $3,375 [6].