Gold regains $1,900, currently around $1,908, following its almost $10.00 run-up during the pre-European session on Friday. The yellow metal recently surged after US President Donald Trump tested positive for the coronavirus (COVID-19). Following the test results, the White House physician Sean Conley said, as per the CNBC, the President “to continue carrying out his duties without disruption while recovering”. However, the risks slump after the announcement at the time when the US stimulus deadlock needed a strong push. Read: Breaking: US President Trump tests positive, S&P 500 Futures slumps over 30 points Key levels to watch With the clear break of $1,904 resistance, comprising the previous high on the four-hour chart and 38.2% Fibonacci retracement on 1M, gold bulls can easily overcome the $1,910 immediate resistance that includes the previous high on the 15-minutes chart. As a result, a small upside barrier around $1,915, including SMA 100 on the four-hour play, can quickly appear on the buyers’ radar before September 22 high near $1,920. Alternatively, a downside break below $1,904 will have to get validation from the sellers by breaking the $1,900 round-figures. In doing so, the $1,880-78 support area comprising the late-September high will gain the market attention. Here is how it looks on the tool About the Confluence Detector The TCI (Technical Confluences Indicator) is a tool to locate and point out those price levels where there is a congestion of indicators, moving averages, Fibonacci levels, Pivot Points, etc. Knowing where these congestion points are located is very useful for the trader, and can be used as a basis for different strategies. Learn more about Technical Confluence FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Forex Today: Trump contracts COVID-19, risk-off mood ahead of Non-Farm Payrolls FX Street 2 years Gold regains $1,900, currently around $1,908, following its almost $10.00 run-up during the pre-European session on Friday. The yellow metal recently surged after US President Donald Trump tested positive for the coronavirus (COVID-19). Following the test results, the White House physician Sean Conley said, as per the CNBC, the President “to continue carrying out his duties without disruption while recovering”. However, the risks slump after the announcement at the time when the US stimulus deadlock needed a strong push. Read: Breaking: US President Trump tests positive, S&P 500 Futures slumps over 30 points Key levels to watch With the clear break of… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.