金晟富：11.20黄金持续拉锯扫荡！非农来袭如何布局?

Core Viewpoint - The market is currently experiencing fluctuations in gold prices, influenced by various factors including U.S. economic data, Federal Reserve interest rate expectations, and global risk sentiment [1][2][4]. Market Analysis - Gold prices are hovering around $4060, with investors cautious ahead of the U.S. non-farm payroll report, reflecting increased sensitivity to macroeconomic uncertainties [1][2]. - The expectation of a December interest rate cut by the Federal Reserve has diminished, leading to a stronger dollar, which exerts pressure on non-yielding gold [2][4]. - Global stock markets are showing positive sentiment, reducing the demand for gold as a safe-haven asset [2][4]. Technical Analysis - Recent gold price movements have been characterized by volatility, with a focus on short-selling strategies around resistance levels near $4090 [4][5]. - The upcoming non-farm payroll data is highly anticipated, as it will provide insights into the U.S. employment market and influence future Federal Reserve monetary policy [2][4]. Trading Strategies - Suggested trading strategies include short positions on gold around $4090-$4100 with targets set at $4050-$4030, and potential long positions if prices retrace to $4000-$4005 [5][6]. - Emphasis on strict risk management and position sizing is highlighted to mitigate potential losses in a volatile market [5][6].