Group 1: Gold Market Analysis - Gold prices surged over 1% on July 2, reaching a recent high of $3358 before closing at $3338, marking two consecutive days of gains [2] - The increase in gold prices is attributed to heightened market risk aversion following the U.S. Senate's approval of Trump's tax and spending bill [2] - The upcoming non-farm payroll report is expected to be a key indicator for investors regarding the Federal Reserve's policy direction, with economists predicting an increase of 110,000 jobs and a slight rise in the unemployment rate from 4.2% to 4.3% [2] - A weak employment report could lead to increased expectations for interest rate cuts, potentially boosting gold prices, while a strong report may hinder short-term gains [2][3] - Technical analysis indicates that gold formed a double bottom at $3245 and has shown a bullish trend, with a significant focus on the non-farm data impacting short-term price movements [3][5] Group 2: Oil Market Analysis - As of July 2, U.S. crude oil prices were trading around $67.32 per barrel, with a slight decline of approximately 0.05%, while Brent crude was at $67.09, down about 0.14% [6] - The oil market is currently characterized by cautious balance due to multiple factors, including supply plans from major oil-producing countries and fluctuations in the U.S. dollar [6] - The market is influenced by OPEC+'s continuous production increases, which have led to a more relaxed supply environment, alongside recovering demand from Asian manufacturing and potential interest rate cuts by the Federal Reserve [6] - The upcoming OPEC+ meeting on July 6 and the impact of U.S. employment data on monetary policy are critical variables that may determine future oil price movements [6][7] - Technical indicators suggest that while the medium-term trend for oil remains upward, there is a potential for high-level fluctuations, with short-term strategies focusing on buying on dips and selling on rebounds [7]

Group 1: Gold Market Analysis - The current gold price is around $3340 per ounce, with a significant increase of 1.1% on the previous day, closing at $3338.70 per ounce after a rise of $35.99 [1] - The market is anticipating the ADP employment data, which is expected to influence gold prices significantly [1] - The Federal Reserve Chairman Jerome Powell indicated that more economic data is needed before initiating monetary easing, but did not rule out the possibility of a rate cut in July, which could enhance gold's appeal as it does not yield interest [1] Group 2: Technical Analysis of Gold - The recent upward trend in gold prices suggests a potential short-selling opportunity, as the market has seen a significant number of short positions being liquidated [2] - The critical resistance level for gold is identified at $3358, while a support level is noted at $3326, with a potential downward movement towards $3300 if the support is breached [4] Group 3: Oil Market Analysis - Current oil prices are stable, with WTI at $65.42 per barrel and Brent at $67.09 per barrel, reflecting a cautious balance among multiple market factors [5] - The market is closely monitoring OPEC+ supply plans and U.S. economic data, which are pivotal in shaping oil price movements [5] - The upcoming OPEC+ meeting on July 6 and potential Fed rate cuts are key variables that could influence future oil prices [5] Group 4: Technical Analysis of Oil - The medium-term outlook for oil remains bullish, with a potential upward test towards $78, although short-term momentum indicators suggest a high-level consolidation phase [6] - The recommended trading strategy for oil includes buying on dips and selling on rebounds, with resistance levels at $68.0-$69.0 and support levels at $64.5-$63.5 [6]