FX.co ★ Analysis of Gold for May 26,.2020 - First downside target at $1.721 has been reached. Second target is set at $1.715

Corona virus summary:

WHO warns of 'second peak' in areas where Covid-19 is declining

Technical analysis:

Gold has been trading downwards as I expected. The Gold reached my first downward target at $1,721 and is testing the support. Further downside move can lead us for test of $1,715 or $1,700 zone.

Trading recommendation: