Group 1 - The core viewpoint indicates that gold prices are supported by a weakening US dollar, declining US Treasury yields, and expectations of Federal Reserve interest rate cuts, maintaining a strong position [1] - Technical analysis shows that on the daily chart, the Bollinger Bands are expanding, with gold prices near the upper band, and the MACD indicator is in a bullish crossover while the RSI is in an overbought state, suggesting a potential pullback [1] - On the 4-hour chart, the Bollinger Bands are narrowing, with gold prices below the upper band, and the MACD is showing a narrowing bullish crossover, while the RSI indicates a pullback from overbought conditions [1] Group 2 - For future trading strategies, aggressive traders can consider buying near the support level of $3350 per ounce, while conservative traders may wait for a more stable support at $3300 per ounce [3] - For short positions, aggressive traders can look to sell near the resistance level of $3700 per ounce, while conservative traders may consider selling at $3750 per ounce [3] - Specific recommendations for various gold trading instruments include buying opportunities in Shanghai gold futures if prices pull back to 830-831 CNY per gram, and similar strategies for other gold products based on their respective price levels [3]

投资者注意力转向周五备受关注的非农就业报告。非农报告将让美联储政策制定者了解劳动力市场的最 新情况。 周五（9月5日）亚洲时段，英镑/美元小幅走高，最新英镑兑美元汇率报1.3450，涨幅0.13%，受Fed利 率前景和美债收益率下降支撑，英镑走势微升。 英镑/美元亚盘小幅上涨，就业数据公布前美债收益率触及数月低点，美国劳动力市场疲软迹象加剧， 为英镑/美元提供支撑。 周四的数据显示，上周初请失业金人数增幅超过预期，与劳动市场放缓的迹象一致。此外，ADP全美就 业报告显示，美国8月民间新增就业人数低于预期。 市场预计8月非农就业人数增加7.5万人，7月为增加7.3万人。市场还预测，8月失业率将从7月的4.2%升 至4.3%。 受美联储9月降息押注影响，两年期和10年期美债收益率触及5月1日以来低点，财政担忧缓解，英国债 市焦虑情绪消退，支撑英镑走势，英国企业报告就业人数创2021年以来最大降幅，令英国央行进退两 难。 英镑对美元汇率阻力位1.3460-65、1.3495-00，支撑位1.3400-05、1.3335-40，亚洲盘区间1.3436-55。 ...

Core Viewpoint - The gold market experienced a slight upward trend, driven by a weaker US dollar and declining US Treasury yields, reinforcing expectations for a Federal Reserve rate cut in September [1] Group 1: Market Performance - On August 14, spot gold fluctuated upwards, opening at $3349 per ounce and reaching a low of $3342 before climbing to a high of $3370 during the trading session, ultimately closing at $3355.90, marking a 0.24% increase [1] - The daily chart indicates a triangular convergence pattern, with a main upward trend, while caution is advised for potential fluctuations [1] Group 2: Technical Indicators - The MACD indicator shows a bullish crossover, but lacks significant momentum, and there are no clear volume signals [1] - The RSI is positioned around 53, indicating a neutral zone, suggesting that the market is in a consolidation phase awaiting direction from fundamental data [1] Group 3: Trading Strategies - Bullish strategy suggests buying on dips at the 3340-3345 range with a stop loss of 8 points and a target of 3365-3375 [3] - Bearish strategy recommends selling on rebounds at the 3395-3390 range with a stop loss of 8 points and a target of 3383-3372 [3]

Core Viewpoint - Gold prices have risen to a one-month high, supported by a weaker dollar and declining U.S. Treasury yields, with investors closely monitoring trade negotiations ahead of the August 1 deadline [1] Group 1: Market Dynamics - The increase in gold prices is primarily driven by favorable technical factors and a general weakness in the dollar [1] - The potential for the U.S. and its trade partners to fail to reach an agreement may create uncertainty, prompting market participants to engage in hedging activities [1] Group 2: Analyst Insights - Kelvin Wong, a senior market analyst at OANDA, highlights that the combination of a weaker dollar and lower Treasury yields enhances the attractiveness of gold as an investment [1]