My prediction Up⬆️
NYC : 8:30 AM
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🚨 🇺🇸 US ECONOMIC NEWS WATCH — OCTOBER 29
📊 3 Major Economic Indicators Every Trader Should Watch!
The US economic data calendar highlights three important releases that could influence the US Dollar, Gold (XAUUSD), and the broader financial markets.
🔹 1. Personal Income MoM • Forecast: 0.3% • Previous: 0.2%
🔹 2. Core PCE Price Index MoM • Forecast: 0.3% • Previous: 0.2%
🔹 3. US GDP Growth Rate QoQ (Advance) • Forecast: 3.2% • Previous: 2.2%
🔹 4. Personal Spending MoM • Forecast: 0.6% • Previous: 0.9%
🎯 WHAT MATTERS MOST?
Traders should compare the actual results with market forecasts rather than relying only on previous data.
📈 Stronger-than-expected inflation or growth data may support the US Dollar and put pressure on Gold.
📉 Weaker-than-expected data may weaken the Dollar and support Gold, depending on market expectations.
⚠️ Actual results are not displayed in my screenshots, so the market direction remains uncertain.
💡 Trade the reaction, not the prediction. Wait for price-action confirmation before making a decision.
#USData #BTC☀️ ForexTrading #EconomicCalendar #BinanceSquare
NYC : 8:30 AM
BTC 🤑
🚨 🇺🇸 US ECONOMIC NEWS WATCH — OCTOBER 29
📊 3 Major Economic Indicators Every Trader Should Watch!
The US economic data calendar highlights three important releases that could influence the US Dollar, Gold (XAUUSD), and the broader financial markets.
🔹 1. Personal Income MoM • Forecast: 0.3% • Previous: 0.2%
🔹 2. Core PCE Price Index MoM • Forecast: 0.3% • Previous: 0.2%
🔹 3. US GDP Growth Rate QoQ (Advance) • Forecast: 3.2% • Previous: 2.2%
🔹 4. Personal Spending MoM • Forecast: 0.6% • Previous: 0.9%
🎯 WHAT MATTERS MOST?
Traders should compare the actual results with market forecasts rather than relying only on previous data.
📈 Stronger-than-expected inflation or growth data may support the US Dollar and put pressure on Gold.
📉 Weaker-than-expected data may weaken the Dollar and support Gold, depending on market expectations.
⚠️ Actual results are not displayed in my screenshots, so the market direction remains uncertain.
💡 Trade the reaction, not the prediction. Wait for price-action confirmation before making a decision.
#USData #BTC☀️ ForexTrading #EconomicCalendar #BinanceSquare