First of all, the non-agricultural data of the United States have a great influence on the foreign exchange market and the metal market. Judging from the previous data, the market fluctuated greatly on the night of non-agricultural data release, occupying the main trading day. At the same time, due to the different market interpretations after the data was released, the market fluctuated rapidly and with a large range, even full of operations to lure more people to short. Therefore, you need to be very careful.
Second, since the release of non-agricultural data may change the trend and direction of the market, which is inevitable for any investor, investors are advised to analyze the impact of real data by comparing the expected value with the previous value published by the market. Only in this way can we catch the target.
Third, the trend of gold should be closely related to the data reflecting the trend of the US dollar. Several non-agricultural countries in the United States have also changed the trend of gold.
Extended data
The high non-farm employment data proves that the American job market is developing healthily. The rising employment rate indicates that the American economy is prosperous, which will lead to the rise of the dollar, and the price of gold, silver and crude oil will fall with the rise of the dollar.
When the American economy is depressed, the dollar will be depressed. When the dollar is depressed, the price of gold and silver will rise. Therefore, we can judge whether it is negative or positive according to non-agricultural data and expected pre-value data, and also let us judge the price trend of gold and silver crude oil.
For gold, the trend of the dollar is very important in the fundamentals, and the main factor affecting the trend of the dollar is the economic data of the United States, the most important of which is the non-agricultural employment data.
Baidu Encyclopedia-American Non-farm Employment Index
He Xun. Com- Zhao: the influence of American non-agricultural data on gold