Gold reach above Fridays high

WASHINGTON (Reuters) – President Donald Trump could be discharged from the hospital where he is being treated for COVID-19 as soon as Monday, according to his doctors, although his condition remains unclear and outside experts warn that his case may be severe.

Trump’s doctors have said his health is improving and he could be sent back to the White House as soon as Monday.

Ignore Trump, Market focus on stimulus talks

What matters for the market right now is the growing likelihood of a stimulus package worth $1.5-$2.2 trillion.

The potential for the economy is huge. Included in this is another round of $1200 checks for most Americans and elevated unemployment benefits. Small businesses will get a wave of funds and there will be money to prevent state and local governments from making job cuts.

Gold still uncertainty as stimulus still talking and Trump’s health.

Trade Recommendation:

As expected, market still trade in supply and demand zone ($1897 – $1925)

Buy option:

Entry at $1897，Stop-loss at $1892，Take profit at $1918.

Sell option:

Entry at $1919 – $1926，Stop-loss at $1930，Take profit at $1910.

Analyzed by: Mr.Vuthserey Youtheara,Independent Analyst