Investors want to trade riskier, and dire economic and virus background doesn't stop that. The USD will testify.
GOLD: 'Engulfing' led to decline
Information is not investment advice
The last bearish 'Engulfing' led to the current decline. The price has reached the lower 'Window', but there's no any reversal pattern so far. In this case, the market is likely going to continue falling down in the coming days. The next bearish target is the nearest support at 1260.20.
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!