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Gold Price Analysis: XAU/USD's downside more compelling amid strong resistance levels – Confluence Detector

Dec 15, 2020 05:22 GMTFXStreet News Gold (XAU/USD) attempts another bounce on Tuesday, although remains within the familiar rage of $1820-$1850, as the focus now shifts towards Wednesday’s FOMC decision.   Gold finds its feet, benefiting from the downbeat market mood, as the growth in coronavirus infections and fresh lockdowns offset the optimism driven by the vaccine inoculations. Meanwhile, increased odds of about $1 trillion covid relief package likely to be reached before the X-mas/ New...
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