Strategist: The price of gold may fluctuate within a certain range, and the United States will release a large amount of data.

Pepperstone's Dilin Wu stated in a report that the United States will release a dense amount of data this week, and the price of gold may fluctuate within a range. The strategist mentioned that geopolitical uncertainties, central bank continuous buying, and the temporary weakening of the US dollar may collectively provide support for the price of gold. However, factors such as a lack of new catalysts may limit the upside potential for gold. He pointed out that the market is currently in a high-frequency volatility mode driven by economic data, policy signals, and geopolitical news. He added that the upcoming release of the US non-farm payroll report and the consumer price index report could serve as triggering factors for recent volatility. He said, "For traders, managing position size is more important than betting on direction." Spot gold rose by 0.8%, to $5,006.48 per ounce.