Corona virus news:
Donald Trump has extended America's national shutdown to at least the end of April, claiming his administration will have done a "very good job" if it keeps the US death toll from Covid-19 to fewer than 100,000. The government's top infectious disease expert, Dr Anthony Fauci, warned on Sunday that the pandemic could claim twice that number of American lives, while the top Democrat in Congress, Nancy Pelosi, said many deaths will be an indirect result of the president's denials and delays.
Technical analysis:
Gold has been trading sideways at the price of $1.625. Anyway, there is the breakout of the Pitchfork upper parallel line in the background, which is sign of the strong upside condition.
Watch for buying opportunities with the upward targets at the price of $1.642 and$1.697.
MACD oscillator is still showing positive reading above the zero and the slow line is flat.
Resistance levels are set at the price of $1.642 and $1.697.
Support levels are set at the price of $1.603 and $1.590.
