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We expect GF to trend downwards right now.

Based on the last 12 Continuing Jobless Claims events in United States, we expect GF to trend downwards right now. Based on these past events there is a 75% chance of this. We expect GF to trend downwards for the next 12 hours because the released value is < 5390K. A price movement of 1,034 pips is expected. Historical events that allowed us to draw this conclusion

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

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Important price line being approached by Gold FEBRUARY 2021. This price has been tested numerous times before.

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