The price of gold fell by more than 1% on Friday as appetite for risk improved amid plans to restart the American economy and early signs of success in testing the drug for treatment COVID-19. Despite the "time lag" between the financial markets and the real economy, the restart of the US economy suggests that its recovery may occur much faster than expected, which in turn will put pressure on gold.

GOLD/USD, 30 min

Pivot: 1682.70