📊 U.S. DATA IN FOCUS - WILL EMPLOYMENT & HOUSING MOVE GOLD?
Today, markets will monitor U.S. employment and housing data, alongside speeches from Fed officials.
→ NFIB Small Business Index: Forecast 98.1 | Previous 98.7
→ ADP Weekly Employment Change: Previous 23.8K
→ Existing Home Sales: Forecast 3.95M | Previous 3.98M
Stronger employment data could support the USD and pressure Gold, while weaker figures may increase expectations for Fed easing. Comments from Waller, Barkin, and Collins could also influence market sentiment.
From my perspective, watch institutional money around key liquidity and supply-demand zones. Stay patient and wait for market structure to confirm before considering a trade.
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