TVC:GOLD Gold price (XAU/USD) struggles to defend the previous day's corrective bounce from key short-term support line, bid slightly around 1.980$ level early Wednesday. In doing so, the precious metal awaits more clues to cheer the latest pause in the US Dollar's rally to multi-day highs as Federal Open Market Committee Meeting Minutes (FOMC) appears.
I expect a strong bounce, before the news of the US debt ceiling, will return to the region around 2015-2020. Will be back soon. Then we will celebrate together