GrizzlyBearBee

Gold rejecting resistance level

Long
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
The $1916 resistance is currently being rejected. If the daily close is above this area, the $1923 & $1975 target will be in sight.
The DXY is still weak as the US equity indices still range in hope of a stimulus deal.
The equity markets are on a risk on mood and this might pushed the bullion higher as a safe haven.

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