As a result of last week's trading, gold price reached its maximum since the end of 2012 amid the decline of the US dollar due to the actions of the U.S. Central Bank. As reported, the U.S. Federal Reserve on Thursday announced new lending programs and expanded existing ones in an effort to provide the economy with financial support of $2.3 trillion amid the coronavirus pandemic. Fed Chairman Jerome Powell said in a statement that the Fed is trying to "provide as much support and stability as we can" during the current crisis. 

GOLD/USD, 30 min

Pivot: 1684.00