Gold prices are struggling since news of a Covid-19 vaccine with the decline challenging key support. Here are the levels that matter on the XAU/USD technical charts.
Rotation-trade dynamics was this past week's focus as the Dow Jones outperformed the Nasdaq. Will this continue? Gold prices tumbled as crude oil gained ahead of an OPEC+ meeting. The…
Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger EUR/CHF-bullish contrarian trading bias.