GoldTrader141

Possible move to $1580-1590 before Friday

Long
GoldTrader141 Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
Nice standing in MA20, DX and stock market are both have potential to reverse,
Newly virus in the mainland breaks 59,000 cases, surges more than 10,000 in a single day with 1,360 deaths.
Comment:
1575 resistance should break today
Comment:
DXY RSI indicator overbought, i believes that the outlook for the US dollar index in the next few days is bearish. Support locate in 98.4 it may support Gold
Comment:
Take some profits , current price 1580
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