Analysis of Gold for July 31, 2020


US strikes $2.1 billion coronavirus vaccine deal with Sanofi, GlaxoSmithKline

The deal will see the firms provide the US government with 100 million doses of the corona virus vaccine, with the US to provide up to $2.1 billion for development, clinical trials, manufacturing and the delivery of the initial batch of doses.

The US will also have a further option for a supply of additional 500 million doses of the vaccine in the longer-term. GSK adds that if study data are positive, the companies can request US regulatory approval some time in 1H 2021.

To put a bit of a timeline on things, phase 1/2 of the study is expected to start in September with Phase 3 set to be conducted by the end of the year.


1-Day relative strength performance by Finviz


The material has been provided by InstaForex Company –

Source:: Analysis of Gold for July 31,.2020 – Intraday potential rotation to the downside due to resistance on the test

About the Author
InstaForex brand was created in 2007 and at the moment it’s a top choice of more than 2,000,000 traders. More than 1,000 clients open accounts with InstaForex every day. All InstaForex clients get great opportunities for effective trading on the forex market, as well as on-time technical and customer support

Related Posts

Leave a Reply