We could see a $16,280 movement on GC within the next 2 hours. GC could trend downwards 2 hours following the GDP Growth Rate QoQ events in Canada release because the released value is < 1.4%. We may experience a price movement of 880 pips. Historical events that allowed us to draw this conclusion
31 Aug 12:30 |
01 Jun 12:30 |
01 Dec 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).