Impact of ADP & ISM Non-manufacturing data on XAUUSD - 5-3-2025

On March 5, 2025, the United States reported stronger-than-expected figures for both the ADP National Employment Report and the ISM Non-Manufacturing Index, indicating robust economic activity.

Today’s given signal : https://t.me/calendarsignal/17301

Reasons for Positive Data Releases:

ADP National Employment Report:
- The private sector added 183,000 jobs in January 2025, surpassing expectations of 148,000. This growth was primarily driven by consumer-facing industries, reflecting increased consumer demand and spending.
ISM Non-Manufacturing Index:
- The index rose to 54.1 in December 2024, up from 52.1 in November, indicating accelerated growth in the services sector, which constitutes a significant portion of the U.S. economy.

Scenarios for Gold Price (XAU/USD):

Analysis:

The data indicates that stronger-than-expected ADP employment figures and ISM Non-Manufacturing Index readings typically correlate with a decline in gold prices. This trend is attributed to:

Increased Interest Rate Expectations: Robust economic data often leads to anticipations of monetary tightening, resulting in higher interest rates that diminish the appeal of non-yielding assets like gold.
Strengthening U.S. Dollar: Positive economic indicators bolster the U.S. dollar, making gold more expensive for holders of other currencies, thereby reducing demand.

In summary, the release of strong ADP employment and ISM Non-Manufacturing data on March 5, 2025, is likely to lead to a decrease in gold prices, consistent with historical trends observed over the past decade.

Previous released data results :

On last ADP & ISM Non-manufacturing data (5-2-2025) we predicted good data, & as per that we suggest to SELL XAUUSD & as a result, we made a profit of 67 points according to the signal we gave.

Check the previous blog : https://blog.forextrade1.co/impact-us-adp-ism-non-manufacturing-data-on-gold-pair-5-2-2025/

Check last given signal : https://t.me/calendarsignal/16875

Performance : https://t.me/calendarsignal/16890