Investors want to trade riskier, and dire economic and virus background doesn't stop that. The USD will testify.
GOLD: bullish 'Flag' pattern
Information is not investment advice
There's a bullish 'Flag' pattern, which has been confirmed. So, we should watch the next resistance at 1286.15 - 1295.25 as a potential target. The subsequent pullback from this area could be a starting point for a decline towards the previously tested support at 1281.94.
The Canadian employment change has been published together with the US PPI. Don't miss the best chance of this week!
Yellow metal has become the best performing asset during the coronavirus. Some analysts foresee it will reach $2 000.
EUR/JPY is likely to move further within an uptrend. Look for the break out above 121.55!