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tradermiki

News This Week June 5th - June 9th

Monday 5th June

USD - ISM Services PMI - 15.00pm

Forecast: 52.6


Wednesday 3rd May

Forecast: 51.8

Actual: 51.9


GOLD

Gold respected a M30 support and closed bullish before continuing up and breaking the highs



Key Points

  • Readings above 50.0 indicate growth

  • New orders picked up suggesting growing demand


Slow news week for USD so price action will and market structure are the only things to look at for Golds movement this week




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