The financial markets do not calculate the markets in Europe. Almost all countries in the Euro Zone ban many actions due to the corona virus. At the same time the oil prices remain at the same level. The reason is that the locomotive of the world industry is South-East Asia. The situation in this part of the world with the corona virus is normal and the economy is in power. The oil price (USOil) down from $40 to $38.40 today after the starting crisis couple of days earlier. World-Signals.com expects to see not so big down movement to level of $34-$35 if the situation in China and rest countries in South-East Asia is under control. As overall the crisis with corona virus in Europe will remain very difficult with new restrictions. The situation may change after U.S. Election after 10-days. The trading strategy in trading with oil is to open short positions and avoid new position during the U.S. Election day.

The current trading level of EURUSD is at 1.1747 and is on the way to back to 1.18. World-Signals.com expects to see level of 1.1800/10 today or latest tomorrow morning in Asian session.

Join us in our Telegram channel for free signals and services: https://t.me/worldsignalsteam Twitter: @SignalsWorld Facebook: https://www.facebook.com/worldsignalsteam/

How to trade Gold in the next days and weeks Our last Gold target from September 3rd is reached with a good profit of about $30 per ounce. The big movements in upward direction are ended already from the beginning of August 2020. The investors are not willing to bet to Gold and the price may stay at the current levels till December. The movements are possible in the range between $1860/85 and $1970. World-Signals.com trading strategy is to trade within the trading range and in the next few days to hold short positions. Do not forget: We send everyday Gold trading signals with exact entry and exit levels. Always use one SL and one TP. Metal Premium service offers long-term Gold signals usually one signal per week or two but with very high level of TP.

Join us in our Telegram channel for free signals and services: https://t.me/worldsignalsteam Twitter: @SignalsWorld Facebook: https://www.facebook.com/worldsignalsteam/