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#数字资产动态追踪 Precious metals market kicks off as expected, non-farm week challenges continue
Weekend judgment and execution! Influenced by geopolitical tensions, precious metals open higher across the board, with gold, silver, platinum, and palladium soaring together. Last week's bottom-fishing positions have been gradually taken off the books for safety.
From the market perspective, gold broke through the 4400 resistance level, reaching around 4420. But be cautious—rapid upward moves in the morning are not suitable for chasing the rally; large funds may be shaking out weak hands. If the price pulls back to 4380 or 4365, it can be a good opportunity to build long positions, expecting a continued upward trend.
Domestic futures also performed well: Shanghai Gold 2606 jumped from 976 to 1002, Rongtong Gold from 966 surged to 995, platinum from 470 spiked to 512, and palladium from 340 soared to 391. Many traders profited from this rally. Key levels to watch: Shanghai Gold targeting 1020, Rongtong Gold aiming for 1010. For precious metals, hold firmly and avoid guessing the top.
This week is special—non-farm data release mode is in full swing. Statements from international leaders, ADP employment data, unemployment figures, commodity weight adjustments, and non-farm payrolls—these events are hitting one after another. Especially after Wednesday, any data can ignite the market. The overall trend is upward, but don’t be blindly enthusiastic; wait for important data releases and adjust your strategy flexibly.
On crude oil, supply is concentrated, and the international situation remains unstable. Recently, prices have been oscillating between 56.5 and 60. The suggested strategy is to short at high levels and go long at low levels. Once the price breaks out of the range, follow the trend. Avoid betting on a one-sided market direction for now.