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20.05.202013:36 Forex Analysis & Reviews: Analysis of Gold for May 20,.2020 - Strong reaction from the support at $1.725. Potential for upside movement towards the $1.784

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Corona virus summary:

Exchange Rates 20.05.2020 analysis

Spain makes face masks compulsory

The Spanish government has confirmed that the wearing of face masks will be compulsory from Thursday

Technical analysis:

Trading recommendation:

Watch for buying opportunities on the pullbacks using the intraday time-frames 15/30 minutes.

Main upward targets are set at the price of $1,765 and $1,790.

Petar Jacimovic
Analytical expert of InstaForex
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