After failing in their move to breakout above the October high, the gold bulls have been dragged back to be nullified once more. As the market lacks conviction ahead of some crucial fundamental events in the coming days, the near term outlook seems to be a waiting game. Fundamentals/Newsflow Fiscal stimulus in the US is still being negotiated, but as yet no agreement. The US election may be moving in Joe Biden’s direction, but the immediate potential for over $2 trillion of fiscal support for Main Street Americans is clouded with uncertainty. Rising COVID-19 cases leaves traders concerned and their appetite for risk ... (full story)