U.S. non-farm payroll data below expectations, market risk aversion sentiment heats up. This wave of gold market movement is just as expected—right after the opening, gold prices surged directly, and new highs were firmly established.

Rather than burying oneself in research reports and obsessively debating when K-line corrections will occur like others, it’s better to grasp the core logic of the trend. The driving forces behind gold’s rise are clear: weak economic data and a shift in Federal Reserve policy expectations. This is not some vague wait-and-see advice, but a true understanding of market structure.

Interestingly, while gold is strong, crypto assets like tokenized gold are also attracting attention. Compared to the relatively calm traditional precious metals, on-chain gold derivatives show higher volatility and liquidity. Investors’ choices between these two paths already reflect deep market considerations about risk appetite and asset allocation. This wave of market movement is not only a victory for precious metals but also a microcosm of crypto financialization.