Gold ended Friday’s session in the green back above the 1800 level and the 200-period SMA on the hourly chart as Covid-19 deaths in the US surpassed 140000 while President Trump downplayed the severity of it saying the US has the ‘best mortality rate’ . A weakening greenback should support higher prints on the yellow metal with an hourly close above 1815 to open the door to further gains.
Support: 1800 / 1790
Resistance: 1815 / 1835
![SquaredFinancial Daily Market Outlook](https://s3-eu-west-2.amazonaws.com/livesquareddirect/wp-content/uploads/2020/07/20070018/gold-20_7-1024x551.png)