The non-farm payroll data is making gold prices jump back and forth, I'll hold my position for now.

The freshly released US non-farm payroll data directly disrupted the gold market, causing prices to fluctuate violently. However, central banks worldwide continue to increase their gold holdings, with the conflicting bullish and bearish logics constantly unsettling investors.

During this period, I have maintained a long-term gold position and will not trade frequently based on single-day volatility. Previously, I was always fixated on non-farm payroll and interest-rate related news, repeatedly opening and closing positions. I would rush to add to my position when the gold price rose and hastily cut losses when it fell. After several rounds of such trading, transaction costs and slippage alone consumed a significant portion of my principal. Now, facing significant gold price fluctuations, I have calmed down and refuse to be led by short-term, single-day data.

Price fluctuations are inherent to the market. Rather than chasing the news and exhausting myself, it's better to stick to my original investment thesis.