Our automated high impact news bot when get strong news that called, "Federal Reserve takes additional actions to provide up to $2.3 trillion in loans to support the economy", Gold was spike 1655 to 1685 in just few hours because that's news very bad for USD and we also seen that USD became weak with all major pairs.
Then it's gone consolidate for Easter Holiday. But federal reserve news still not played fully.
Then Starting the week with a risk off view. Earnings are coming out this week and all professional investor, hedge fund thought that they should be ugly for Coronavirus Epidemic. So they are doing their thought before earning news coming out and it's gone 1747 high. For now we need to keep eye on not only for Covid-19 but also for how bad earning data will come. Labels: Educational Tutorials