Core Viewpoint - Gold prices have continued to rise, breaking the 3600 mark and reaching historical highs, followed by a period of consolidation and competition between bulls and bears [1][3][7]. Price Movement - Last week, gold prices maintained a strong upward trend, surpassing 3600 and entering a phase of horizontal adjustment [3]. - The current price is hovering around 3658, with potential resistance at 3674 and support at 3626 [4][7]. - A significant support level is identified at 3600, with expectations of a possible pullback to this area [7]. Market Influences - Key factors influencing the market include a significant downward revision of U.S. non-farm payroll data, indicating a contraction in the labor market, and unexpected PPI data that contrasts with CPI trends [8][9]. - The upcoming Federal Reserve decision on interest rates is anticipated to have a substantial impact on gold prices, with discussions around the extent of potential rate cuts [9][14]. Investment Strategy - Investors are advised to focus on entry and exit points to maximize profits, emphasizing the importance of experience and risk management in trading [9]. - A successful trading approach involves following experienced traders to achieve higher accuracy and profitability [10].