This week, a flurry of U.S. economic data is being released, but the non-farm payroll report scheduled to be announced at 9:30 PM Beijing time on Tuesday will take center stage.
Due to the lingering effects of the longest government shutdown in history, the November non-farm payroll report will be released at a strange time—on a Tuesday in mid-December, rather than the usual first Friday of the month.
According to market forecasts, the November non-farm payrolls are expected to increase by 50,000, and the unemployment rate is anticipated to reach 4.4%.
It is worth noting that this is not just an ordinary employment report. It will not only provide a much-anticipated overview of the current state of the U.S. labor market but also lay the groundwork for the interest rate path for next year.
Tonight's key point at 4300 for gold is crucial; if it can't break above, a significant pullback is expected! Focus on the non-farm data and unemployment rate. Set a limit order near 4300 to take a chance on a possible drop. $BTC
