非农分化+零售核心强劲 黄金冲高受阻短线偏多

Group 1 - The core viewpoint of the news highlights the mixed signals from recent economic data, particularly the non-farm payrolls and retail sales, which are crucial for assessing the U.S. economic momentum and predicting Federal Reserve policy direction [2] - The non-farm payroll data for November showed an increase of 64,000 jobs, exceeding market expectations, indicating a temporary recovery in the job market, while the October data was revised down to 105,000, reflecting pressure on employment [2] - The unemployment rate rose to 4.6% in November, the highest since September 2021, suggesting a deepening of labor market slack and an imbalance in supply and demand [2] Group 2 - Retail sales data showed a mixed performance, with overall retail sales remaining flat month-on-month in October, failing to meet market expectations, indicating a lack of vitality in consumer spending [2] - However, the core control group retail sales, excluding certain items, increased by 0.8% month-on-month, significantly surpassing expectations, indicating stable consumer spending in core areas, which is crucial for economic growth [2] - In the gold market, prices faced resistance despite positive non-farm data, with gold prices peaking near $4,440 before dropping to around $4,293, indicating a lack of bullish momentum [3]