In terms of data, the number of non farm payrolls in the United States increased by 199000 in December last Friday, less than half of the expected figure. Gold closed slightly higher on Friday, but still recorded an overall decline last week.

First of all, let's take a look at Friday's non farm data report. According to the report, the current pandemic variant Omicron is still hindering the job market. However, according to the fluctuation of gold and the fact that the yield of the US 10-year treasury bond bonds has remained close to the highest level since late March last year, it seems that the Fed is most concerned about inflation, which is also the reason why the gold market is flat. Fundamentally speaking, the prospect of the Federal Reserve tightening monetary policy continues to put pressure on precious metals, and the Federal Reserve will hold a meeting from January 25th to 26th.

In terms of technology: Currently, gold is still in the stage of moving average entanglement, and the overall strength is unknown. However, there is a trend line above it to suppress it. It is recommended that investors adopt a volatility strategy as the main strategy.