Market outlook: Changes in U.S. PPI and U.S. initial jobless claims. Because the U.S. job market is strong, initial claims data may suppress gold prices. Fundamental summary: At present, the fundamental news is still biased towards the bull side. The main risk lies in the market's digestion of the good news, and beware of the "boots landing market". If the gold price falls back below the 5-day moving average of 2682.45, it will increase short-term downside risks. The 55-day moving average support is currently around 2669.30. 4-hour level: Unilateral rise; "engulfing" bearish top signal appears near the strong resistance level, KDJ top divergence and then crosses, MACD also slightly top divergence, gold price has the risk of peaking in the short term, initial support refers to the 2700 mark, if you try The bit If it is placed, a short-term bearish signal will be added; for strong support, refer to the position near the middle track of the Bollinger Band 2681.20, and the 38.2% retracement level of the 2613-2726 rally is also near this position. If you try this position, it will increase the Top signal. If the bulls stay above the middle track of the Bollinger Band, gold prices will still have a chance to continue to fluctuate upward in the market outlook. The initial resistance above refers to the 5-day moving average near 2710.23, and the key resistance refers to the position near 2720. If this position can be held firmly, it will increase the bullish signal in the market outlook. Resistance: 2711.35; 2715.95; 2721.21; 2726.05; 2733.65; 2743.51 Support: 2700.00; 2696.54; 2690.53; 2686.68; 2681.20; 2673.31 Technical summary: The variables are large and there are opportunities for both long and short positions. Pay attention to the breakthrough of the 2681-2721 area. Conclusion: The fundamentals are bullish, and the technical side encounters strong resistance. If there is no negative news to suppress it, the gold price will tend to fluctuate and adjust before continuing