Tonight, the non farm payroll data for February in the United States will be released at 21:30, which is also the last non farm payroll report for winter. The number of employed people last month was 143000, and this time the market expects 160000. The unemployment rate continues to remain at the expected 4%. The pre value of the non farm payroll data is not much different from the expected value, and caution should be taken to prevent unexpected data from triggering severe market fluctuations. The non farm payroll data in the past few months has also been a rollercoaster ride.

In addition, on Thursday, the gold price continued to wash repeatedly in the support zone of $2900-2885. The typical performance of the washing market is that it does not continue, but quickly rebounds after breaking through. The area that fell to $2895-92 on Thursday was decisively arranged to participate more. It seems that the Asian and European markets are falling but will not continue, and ultimately reached the target of $2915. The high-level sideways trend is influenced by fundamental data.

Now, the one hour consolidation within the range is expected to have little movement during the day. What we are waiting for is the release of the US non farm payroll data. The only $40 between 2890 and 2930 is fluctuating back and forth, but the overall range has not been broken. Tonight's non farm payroll data may break through the current range.

Today, the daytime gold market mainly focuses on selling high and buying low in the range of 2890-2930, and try not to catch up. The continuity of the volatile market is very poor. After falling back, you can rely on the first in the range of 2902-2896, and give up more when you break through 2880. The above figure still looks at the data of 2915-2920. The awesome can directly break through!