{"id":666046,"date":"2025-09-01T13:56:44","date_gmt":"2025-09-01T11:56:44","guid":{"rendered":"https:\/\/ftmo.com\/?p=666046"},"modified":"2025-09-01T14:29:29","modified_gmt":"2025-09-01T12:29:29","slug":"trading-week-ahead-is-gold-xauusd-setting-up-for-a-new-all-time-high","status":"publish","type":"post","link":"https:\/\/ftmo.com\/en\/trading-week-ahead-is-gold-xauusd-setting-up-for-a-new-all-time-high\/","title":{"rendered":"Trading Week Ahead: Is Gold (XAUUSD) Setting Up for a New All-Time High?"},"content":{"rendered":"
Markets are entering the week with a clear focus on monetary policy. According to CME Group\u2019s FedWatch Tool, nearly 87% of traders now anticipate a rate cut<\/strong> at the upcoming FOMC meeting. Whether that conviction holds will largely depend on this week\u2019s heavy data flow. With JOLTS job openings<\/strong>, ISM PMI releases<\/strong>, and the highly anticipated Non-Farm Payrolls<\/strong>, investors should brace for sharp moves and elevated volatility.<\/em><\/p>\n \u2022 JOLTS Job Openings<\/strong> \u2022 ISM<\/strong> PMI<\/strong> \u2022 Non-Farm Payrolls (NFP)
\nMarkets will be watching whether job openings cool further, with consensus at 7.24M versus 7.44M previously. A steeper drop would point to weakening labour demand, fuelling dovish Fed bets and pressuring the dollar. A stronger showing could revive inflation concerns and lift yields.<\/p>\n
\nThe manufacturing index is seen at 48.9, still signalling contraction, while services are expected at 50.5, just above the expansion line. Together, these reports will reveal whether momentum is returning to US business activity. Stronger readings could support the dollar and Treasury yields, while weaker results may encourage risk-taking in equities and commodities.<\/p>\n
\n<\/strong>The NFP report remains the week\u2019s market mover. Traders will look for confirmation of either cooling job growth or ongoing resilience. A softer number could drag the dollar lower and lift risk assets, while a robust print would likely cement the Fed\u2019s \u201chigher for longer\u201d stance and send yields and the greenback higher.<\/p>\n