Gold continues to hold above key support levels even as the possibility of a democratic control over the senate is looking less favorable, while the ongoing surge in Covid-19 and reinstated lockdowns should keep the yellow metal safe haven bid, ahead of the Fed’s policy decision today while no change to policy is expected. An hourly close above 1912 resistance level is needed to favor further upside.
Support: 1900/1890 / 1880
Resistance: 1912/ 1920- 1930
