Analysis of Gold for May 21,.2020 – Watch for the downside movement for the completion of the C leg. The level of $1.725

By | May 21, 2020
InstaForex
Analysis of Gold for May 21,.2020 - Watch for the downside movement for the completion of the C leg. The level of $1

Relevance up to 07:00 2020-05-22 UTC–5

Corona News :

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A top US scientist has said that people should not count on a Covid-19 vaccine being developed any time soon, as global infections passed 5 million after surges in Latin America, including Brazil, which has recorded nearly 20,000 new cases.

William Haseltine, the groundbreaking cancer, HIV/AIDS and human genome projects researcher, has said the best approach to the pandemic is to manage the disease through careful tracing of infections and strict isolation measures whenever it starts spreading.

He said that while a vaccine could be developed, “I wouldn’t count on it”, and urged people to wear masks, wash hands, clean surfaces and keep a distance.

Technical analysis:

Trading recommendation:

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Performed by Petar Jacimovic,
Analytical expert
InstaForex Group © 2007-2020

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