We have seen an interesting rebound for gold in the last few hours, with the spot price bouncing up by $20 to get close – once again – to the resistance level of $1,850. A clear surpass of this barrier, could open space for further rebounds to $1,872-$1,875, while a next key level is placed at $1,900, which is the “post vaccine” high for gold. Interest on gold remains high, with a market that is trying to stabilize on these new levels.
