Long Buy XAUUSD

2 בפבר׳ 2020

Based on numerical analysis number of Wuhan coronavirus infections in February 5 would be 20,000. This virus could not be under control before February 13 and economy slowdown continues as many companies halted their activities. In this case XAU could break the rising wedge and see resistance in 1612. Support line would be 1570 and 1562. If price touch lower line of wedge get another long position.