分析师：非农数据公布前夕，金价在观望中呈现区间震荡

Core Viewpoint - Gold prices are experiencing slight declines in the early European session, with investors adopting a wait-and-see approach ahead of the crucial U.S. non-farm payroll data, which is expected to provide insights into the Federal Reserve's interest rate path [1] Group 1: Market Dynamics - The upcoming U.S. employment data is anticipated to play a key role in influencing the short-term movements of the U.S. dollar, which in turn will impact gold prices [1] - The U.S. dollar has continued its upward trend for two consecutive weeks, reaching a one-month high, thereby exerting downward pressure on gold prices [1] Group 2: Investor Sentiment - Despite the dollar's strength, rising expectations for further interest rate cuts by the Federal Reserve, coupled with ongoing geopolitical uncertainties, are providing support for gold as a safe-haven asset [1] - The mixed fundamental backdrop has led traders to refrain from making new directional bets, resulting in a subdued and range-bound movement in gold prices [1]