Gold (XAU/USD) remains under pressure on Tuesday, weighed down by a stronger US Dollar (USD) and a cautious tone from the Federal Reserve (Fed). At the time of writing, XAU/USD is trading around $3,970, down nearly 1% on the day, after recovering modestly from an intraday low near $3,928. Gold appears to be in a healthy consolidation phase following its correction from the record high of $4,381 reached on October 20. A pullback in global equities is helping to limit losses in Bullion, as the softening risk appetite offers some support to the metal. However, the upside remains limited amid reduced safe-haven flows and ... (full story)