HG may trend downwards from 16 Jun 12:30

HG could trend downwards later today. Based on these past United States Housing Starts news events there is a 66.67% chance of this. This could happen only if the released value is < 1.701M. The price movement may be as big as 4 pips. Historical events that allowed us to draw this conclusion

17 Feb 13:30
17 Nov 13:30
19 Oct 12:30
18 Aug 12:30