@ryan1172 on XAUUSD | PriceONN Community
R
Economic calendar is pretty packed this week. We have the ISM manufacturing PMI coming out tomorrow, which could give us some insight into the strength of the US economy. If the number is lower than expected, we might see some upward pressure on gold as a safe haven asset. Then on friday we have the nonfarm payrolls report. That's always a big one to watch, especially since the fed is data dependent rn. A strong number could mean higher for longer rates, which would be bearish for gold. Gotta wait and see what happens...