Gold prices have been in a "strong bearish" state in recent weeks.
The current price level is the highest price level for the year. Most likely the price will continue to the level of 0.7000 and make a jump before it is likely that the price correction will occur slightly.
The price dropped lower than the previous price level and formed a "new low area". Most likely there will be a slight price correction at the level of 1820.00 -1800.00.
Gold prices are sensitive to news about the Covid-19 vaccine. Be prepared for any eventuality.
AHMAD FAIZUDDIN BIN RAZALI
CHIEF ANALYST OF CDG GLOBAL