Weekly

Recently, the global economy has been affected, but the residential concept industry has benefited. Last night, U.S. stocks also benefited from the support of Amazon and NETFLIX.

So that that stock market can gain momentum to stabilize.  The number of people applying for unemployment assistance for the first time in the United States was reported to be 5.425 million. Although it was lower than expected, many people were still unemployed.

At one point, the atmosphere around the big market was so strong that gold prices quickly softened after rising to an intraday high of 1738.  U.S. stocks' mid-section strength supported the performance of the asset market.

The epidemic has isolated communities, and online business has become popular, propping up the market performance. Gold prices have thus returned to their weekly gains.

Technically, the high price of gold 1740 has created a double-top pressure. There is a chance to test the low price further and try the 1700 psychological barrier again.

More kinetic energy needs to be accumulated below before it can break upward again, and short-term peak pressure needs to be carefully observed.

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