07.04.2020 01:10 PMCorona virus news:
Japan prepares for state of emergency
Prime minister Shinzo Abe is expected to declare a state of emergency in Japan in the coming hours. The move comes after several major regions saw a sharp rise in coronavirus cases, especially in the capital Tokyo.
Hopeful signs from New York
The governors of New York and New Jersey pointed to tentative signs on Monday that the corona virus outbreak was starting to plateau but warned against complacency as the nationwide death toll approached 11,000 in the US, with more than 366,000 confirmed cases.Technical analysis:
Gold has been trading upwards. The price tested the level of$1.673. Anyway, I found that Gold rejected of the strong support at the price of $1.645 and there is still strong signs for the continuation. Potential test of $1.700 is very likely to happen.
Watch for buying opportunities on the dips. The upward target is set at the price of $1.700.
MACD oscillator is showing strong upside pressure and the slow line is turned to the upside, which is great addition to our long bias.
Resistance levels are set at the price of $1.673 and $1.700.
Support level is set at the price of $1.645.
Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.
If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.
Why does your IP address show your location as the USA?
Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaTrade anyway.
We are sorry for any inconvenience caused by this message.
