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Scenario 1 - In line with Expectations (140000 to 150000)
Gold- Weak. It will decrease th chance of aggressive rate cuts. Decline to $2624/$2600/$2570 is possible.
Dollar index- Bullish due to strong data.
Scenario 2- Below market expectations (below 100K)
Gold- Bullish. It will push the Fed to cut rates aggressively. It will push gold to a fresh all-time high ($2700).
Dollar Index- bearish due to weak data.
Scenario 3- Well above market prediction (above 200K)
Gold- bearish. It will halt the fed rate cut for some time. This will
US dollar- Extremely bullish. The chance of crossing 102.75 is high.
