金晟富：8.2黄金非农高位收盘还有新高！下周黄金走势分析

Core Viewpoint - Recent U.S. non-farm employment data fell short of expectations, increasing the likelihood of Federal Reserve interest rate cuts, which has positively impacted gold prices [1][2]. Economic Indicators - In July, non-farm employment increased by only 73,000 jobs, significantly below the expected 110,000, with June's figures revised down to just 14,000 [1]. - The unemployment rate rose to 4.2%, indicating a cooling labor market [1]. - Market participants anticipate two interest rate cuts by the Federal Reserve by the end of the year, starting in September [2]. Market Reactions - Gold prices surged over 1.5% on August 1, reaching a weekly high, driven by the weak employment data and rising demand for safe-haven assets due to geopolitical tensions and trade tariffs [1][2]. - The weak employment data has led to a decline in the U.S. dollar against major currencies, making gold more attractive to investors holding other currencies [2]. Technical Analysis - Following the disappointing non-farm data, gold prices rose from 3281 to 3362, with a potential target of 3385-3400 [2][4]. - Key support levels for gold are identified at 3335 and 3316, while resistance is noted around 3375 [4]. Trading Strategies - Suggested trading strategies include selling gold on rebounds near 3377-3380 and buying on dips around 3338-3340, with specific stop-loss and target levels provided [5].