Today’s given signal : https://t.me/calendarsignal/11178
On the day of a good ISM Manufacturing PMI number release, the charts of XAUUSD pair may exhibit certain technical patterns. These patterns can provide additional insights into the potential direction of the gold price.
For example, if a good ISM Manufacturing PMI number is released and is followed by an increase in trading volume and bullish market sentiment, it may indicate a higher probability of a positive price movement in the XAUUSD pair. Traders may observe a breakout above a key resistance level, indicating the start of a new uptrend.
On the other hand, if a good ISM Manufacturing PMI number is released and is followed by a decrease in trading volume and bearish market sentiment, it may indicate a lower probability of a positive price movement in the XAUUSD pair. Traders may observe a breakdown of a key support level, indicating the start of a new downtrend.
Previous released data results :
On last data (1-3-2024) we predict to SELL XAUUSD as for good ISM Manufacturing data price was fall.
Check the previous blog : https://blog.forextrade1.com/the-impact-of-positive-ism-data-on-gold-1-3-2024/
Check last given signal : https://t.me/calendarsignal/10740
Performance :
