On March 24, 2025, the United States reported robust figures for both the S&P Global Manufacturing and Services Purchasing Managers’ Indexes (PMIs). The Manufacturing PMI registered at 51.9, slightly below the anticipated 52.7 but still indicating expansion. The Services PMI came in at 51.2, marginally surpassing expectations of 51.0
Today’s given signal : https://t.me/calendarsignal/17590
Impact on Gold Prices (XAU/USD):
Positive PMI data typically signals economic growth, which can influence gold prices through several channels:
- Strengthening U.S. Dollar (USD): Economic expansion often leads to a stronger USD due to increased investor confidence and potential interest rate hikes by the Federal Reserve. A stronger dollar makes gold more expensive for holders of other currencies, potentially reducing demand.
- Shift in Investor Sentiment: Improved economic indicators may prompt investors to favor riskier assets like equities over safe-haven assets such as gold, leading to a decrease in gold prices.
Key Takeaways:
- Strong PMI data generally leads to USD appreciation and gold depreciation.
- Weak PMI data can result in USD depreciation and gold appreciation.
- Divergent PMI results may cause mixed movements in both USD and gold, depending on which sector’s performance investors deem more influential.
Historical Data Analysis (2015-2024):
Previous released data results :
On last Services Purchasing Managers Index data (5-3-2025) we predicted good data, & as per that we suggest to SELL XAUUSD & as a result, we made a profit of 98 points according to the signal we gave.
Check the previous blog : https://blog.forextrade1.co/impact-of-adp-ism-non-manufacturing-data-on-xauusd-5-3-2025/
Check last given signal : https://t.me/calendarsignal/17301
Performance : https://t.me/calendarsignal/17320
On last U.S. Manufacturing Purchasing Managers Index data (3-3-2025) we predicted bad data, & as per that we suggest to BUY XAUUSD & as a result, we made a profit of 36 points according to the signal we gave.
Check the previous blog : https://blog.forextrade1.co/impact-of-bad-us-ism-manufacturing-pmi-data-on-todays-gold-prices-3-3-2025/
Check last given signal : https://t.me/calendarsignal/17267
Performance : https://t.me/calendarsignal/17281
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