Gold is trading a little lower on Tuesday after bouncing higher once again in recent sessions. The yellow metal remains buoyed by very aggressive rate-cutting expectations, particularly in the US, but at the same time, it is struggling to generate fresh momentum around the prior record highs, near $2,070. We saw a spike in early December well above this but the timing of the move and the speed with which it reversed it suggests the market was never fully behind it, so the prior highs continue to look like a significant psychological threshold. From a technical perspective, the lost momentum is evident in the repeated ... (full story)