22 December 2020 : The bipartisan breakthrough in US stimulus talks has injected Gold bulls with enough confidence to challenge the $1900 level. Buying sentiment towards the metal is likely to remain supported by coronavirus-related concerns and a weaker US Dollar. Gold has appreciated almost 7% this month and could extend gains if bulls are able to maintain control above $1900. But this level could prove to be reliable resistance, which means a decline back towards $1850 would be on the cards.

Reporting for EasyKobo on Tuesday ,22 December 2020 in Lagos, Nigeria

Lukman Otunuga, Senior Research Analyst at FXTM