The price of gold (XAU/USD) experienced a significant uptick on 23rd June 2025, driven by two major catalysts: the release of disappointing U.S. S&P Manufacturing and Services PMI data, and geopolitical tensions following the U.S. military strike on Iranian targets. These dual shocks triggered classic risk-off sentiment, prompting investors to flock to safe-haven assets like gold.
Today’s given signal : https://t.me/calendarsignal/19163
Reasons Behind Weak US S&P PMI Data
June’s S&P PMI data fell short of expectations, with Manufacturing PMI dropping to 46.8 (vs. expected 49.5) and Services PMI at 50.3 (barely above expansion territory). Several key reasons underpin this decline:
- Consumer Spending Fatigue – Despite stable labor markets, elevated interest rates have curbed discretionary spending.
- Tight Credit Conditions – Higher borrowing costs have led to investment slowdowns in both services and manufacturing sectors.
- Soft Export Demand – Global economic softness, especially in Europe and China, has reduced export orders.
- Persistent Cost Pressures – Input prices remain elevated due to supply chain fragility and commodity volatility.
Geopolitical Tension: US-Iran Conflict
The U.S. launched airstrikes on Iranian military infrastructure following escalating tension in the Strait of Hormuz. This region handles a third of global oil shipments, and military tensions raise fears of supply disruptions, inflationary pressures, and broad economic instability—all bullish factors for gold.
Previous released data results :
On last S&P data (4-6-2025) we predicted good data, & as per that we suggest to SELL XAUUSD & as a result, we made a profit of 65 points according to the signal we gave.
Check last given signal : https://t.me/calendarsignal/18654
Performance : https://t.me/calendarsignal/18663
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