FX.co ★ Scary news from China unfurled gold

Chinese authorities have reported a new outbreak of coronavirus infection in Hubei Province, as well as an increase in the number of deaths associated with this virus. According to experts, the number of newly infected in Hubei province has increased to almost 15,000 people.

This outbreak occurred exactly after the Director-General of the World Health Organization, Dr. Tedros Adhanom Ghebreyesus announced "stabilization" of the growth in the number of new infected coronavirus infections in China.

Normally, such news cannot be overlooked by the market.

Yesterday, against the background of the stabilization of the situation with the Chinese epidemic, we recommended selling gold, but at night on the news, gold added in the price:

We recommend that you refrain from long positions until the evening news on inflation in the USA:

Success in trading and control the risks!