Gold is rising, and the dollar is falling. Tonight's employment data is favorable for the interest rate market, but due to the yen's interest rate hike and the inflation figures not being released, the market is hesitant to be overly optimistic, leading to suppressed bullish sentiment.

The script of rising first and then falling is consistent with the evening's perspective, which can actually be regarded as a classic trend for non-farm data.

Overall, the layout is quite perfect. Before the interest rate hike in Japan is finalized, gold and silver may experience a volatile market. Once the market confirms that liquidity has hit the bottom, gold and silver will accelerate upward again.

If liquidity triggers a crisis in between, precious metals may temporarily exhibit a deep V-shape, but the endpoint will not change.