The yellow metal continues to find support around 1850/1860 levels, holding on to hopes of fresh fiscal stimulus sparked by news that Senate Majority Leader Mitch McConnell agreed to restart negotiations with democrats over a new bill. Weaker than expected Initial Jobless Claims also supported higher prints, with 1880 (coinciding with 200 period SMA) as closest resistance target.
Support: 1860/1850
Resistance: 1800/ 1900
