News Bias:
*Quarterly (q/q) GDP*
• *GDP* higher than forecast → Gold and CRYPTO BEARISH
• *GDP* lower than forecast → Gold and CRYPTO BULLISH
*UNEMPLOYMENT CLAIMS*
• *Unemployment Claims* higher → Gold and CRYPTO BULLISH
• *Unemployment Claims* lower → Gold and CRYPTO BEARISH
*CORE PCE*
• *Core PCE* higher → Gold and CRYPTO STRONGLY BEARISH
• *Core PCE* lower → Gold and CRYPTO STRONGLY BULLISH
Note: Core PCE has the highest impact.
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