We could see a $12,621.102 movement on GC within the next 2 hours. GC could trend downwards 2 hours following the Durable Goods Orders MoM events in United States release because the released value is > 0.1%. We may experience a price movement of 689 pips.
Historical events that allowed us to draw this conclusion
25 Feb 13:30 |
23 Dec 13:30 |
27 Oct 12:30 |
25 Aug 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).