#美国非农就业数据表现强劲 The gold price movement over the past three days has been very predictable—declining during the day, also falling during the European session, and then reversing and rising during the US session. The rhythm has hardly changed.

Based on today's market, here are a few key points to watch:

**First** and most importantly, whether this pattern can continue. If today breaks the routine of falling during the day and rising in the US, then the signals will change, and we need to be alert to a potential directional reversal.

**Second** — from a short-term perspective during the day, the trend is gradually upward. As long as the gold price dips slightly, it presents a good opportunity for bullish entry. The 4-hour chart is also oscillating upward, so following the trend can help keep pace. Currently, London gold is stable around $4320, still in a relatively high zone.

**On the crude oil side** — yesterday’s bearish approach was completely in line with the rhythm. Crude oil is stuck at resistance levels between tops and bottoms, unable to break through, and continues to decline, consistent with our expectations. Today, it continues to fall, with domestic crude oil futures already dropping around 423 yuan. The overall trend is still likely to be weak.