Corona virus summary:
The World Health Organization and a number of national governments have changed their Covid-19 policies and treatments on the basis of flawed data from a little-known US healthcare analytics company, also calling into question the integrity of key studies published in some of the world's most prestigious medical journals.
Technical analysis:
Gold has been trading towards as we expected after the breakout of the symmetrical triangle pattern in the background. The Gold reached yesterday's downside objective at $1,720. Anyway, I still see further downside towards the $1,696.
Trading recommendation:
Watch for selling opportunities on the rallies using the intraday frames 5/15 minutes for better entry location.
The downside target is set at $1,696 and SL can be placed at $1,727
