The yellow metal retreated in yesterday’s session as the greenback surged with Treasury Secretary Mnuchin and House Speaker Pelosi still failing to reach an agreement over further stimulus, while still expressing optimism. Technically, gold is printing in a tight range between 1835/1840 support/resistance levels looking for a breach in either direction to direct today’s trading session.
Support: 1835 / 1825
Resistance: 1840 / 1850
