Investors want to trade riskier, and dire economic and virus background doesn't stop that. The USD will testify.
GOLD: 'Doji' and 'Tower' patterns
Information is not investment advice
The lower 'Window' has acted as support, so there're the 'Doji' and 'Tower' patterns. It's likely that the price is going to test the nearest resistance at 1312.93. The subsequent pullback from this level could lead to another decline in the direction of the 89 and 144 Moving Averages (1268.21).
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!