Monday 3rd June
USD ISM Manufacturing PMI @ 3.00pm
Forecast: 49.8
Wednesday 1st May
Forecast: 50.0
Actual: 49.2 (Worse than expected)
XAUUSD
Gold pushed bullish 73 pips on the news and pulled back leaving a top wick
Trend - Bearish pullback phase then started to continue bullish
Scenarios
Actual/Better (higher) - Gold Sells
Worse (lower) - Gold Buys
Tuesday 4th June
USD JOLTS Job Openings @ 3.00pm
Forecast: 8.40M
Wednesday 1st May
Forecast: 8.68M
Actual: 8.49M (Worse than expected)
XAUUSD
Gold pushed bullish 73 pips on the news and pulled back leaving a top wick
Bearish pullback phase then started to continue bullish
Scenarios
Actual/Better (higher) - Gold Sells
Worse (lower) - Gold Buys
Wednesday 5th June
USD ADP @ 1.15pm
Forecast: 175K
Wednesday 1st May
Forecast: 179K
Actual: 192K (Better than expected)
XAUUSD
Gold dropped 30pips on the news
Trend - Bearish pull back then started to continue bullish
Scenarios
Actual/Better (higher) - Gold Sells
Worse (lower) - Gold Buys
USD ISM Services PMI @ 3.00pm
Forecast: 51.0
Friday 3rd May
Forecast: 52.0
Actual: 49.4
XAUUSD
Gold pushed up 121 pips then retraced and dropped 69pts closing weak bearish
Trend - Bearish pull back phase
Scenarios
Actual/Better (higher) - Gold Sells
Worse (lower) - Gold Buys
Friday 7th June
USD NFP/Unemployment Rates @ 1.30pm
Forecast: 185K/3.9%
Friday 3rd May
Forecast: 238K/3.9%
Actual: 175K/3.9%
XAUUSD
Gold pushed 240pips then retraced 160 pips closing with a rejection candle
Trend - Bearish pull back phase
Scenarios
Actual/Better (higher) - Gold Sells
Worse (lower) - Gold Buys
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