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Gold Price Analysis: XAU/USD’s reversal from $1,914 contained at $1,895 support area – FXStreet

Gold’s upside attempt witnessed during the Asian and European trading sessions has been halted at $1,914 on the Early US session as market sentiment p

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  • Gold recover attempt was capped at $1,914 to test support at $1,895 again.
  • XAU/USD lost ground with the US dollar picking up.
  • Uncertainty about US stimulus has boosted risk aversion.

Gold’s upside attempt witnessed during the Asian and European trading sessions has been halted at $1,914 on the Early US session as market sentiment plunged and the precious metal has dropped to find support at $1,895.
Gold futures have dropped nearly $20 from session highs, with equity markets moving into negative territory…

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