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We expect PL to trend downwards today with a 66.67% chance.

Based on the last 12 ISM Manufacturing PMI events in United States, we expect PL to trend downwards later today. Based on these past events there is a 66.67% chance of this. This may happen if the released value is > 56.3

Historical events that allowed us to draw this conclusion

01 Sep 14:00
01 May 14:00
03 Feb 15:00

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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Gold DECEMBER 2020 is quickly approaching 1911.5000. We expect either a breakout through this line, or a rebound.

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