How gold reacts around the key resistance band $1902/$1926 could be crucial to the near term direction. A bull failure on Friday and early weakness today leaves a recovery outlook highly questionable. The near term outlook is very much on a knife edge now. Closing below $1881 would suggest a return of near term pressure on $1848 again. The bulls need closing levels well clear of $1902 to regain confidence. The dollar is consolidating. Gold is consolidating. Traders are trying to figure out what the COVID infection for Donald Trump means for markets. It is interesting that this is all coming as Dollar Index ... (full story)