Based on the last 12 Balance of Trade events in United States, we could see a 790 pip movement on GC for the next 4 hours. GC could trend downwards for 4 hours because the released value is > $-89.5B
Historical events that allowed us to draw this conclusion
02 Sep 12:30 |
02 Jul 12:30 |
08 Jun 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
