Stalemate for Gold bulls and bears .
A good end to the trading week, Gold is up to $2,091.7 per ounce, after closing yesterday at zero cents. Overall, a 0% move or $2,091.7 this week. (Start trading CME Gold at FXTM today).
On the flip side, data for United States Pending Home Sales released yesterday at 15:00 UTC is better than expected with -1.5%, but worse than previous figure of 1%. United States Initial Jobless Claims released yesterday at 13:30 UTC is better than expected at 218,000 but down from preceding data of 211,000 according to new data.
Meanwhile, United States ISM Manufacturing Prices (Nov) released today at 15:00 UTC with a figure of 49.9, while the previous figure was 45.1. United States ISM Manufacturing PMI (Nov) came out at 46.7, while a consensus of analysts was expecting 47.6. Fresh Core PCE Price Index (YoY) (Oct) data from United States came out at 3.5.
The market is looking forward to the release of new data: United States Nonfarm Payrolls (Nov) is scheduled for Friday. United States Services PMI is expected Tuesday. United States Unemployment Rate (Nov) is expected Friday.