The precious metal was trading subdued on Tuesday. A lack of any clear progress on the trade narrative kept sentiment in check. There were also no major fundamentals due during the day which saw prices trading within a small range.
XAU/USD Stays Flat Near Minor Resistance
The precious metal was struggling to break out from the previously established highs near 1472. This indicates minor resistance and a failure to breakout higher could trigger a modest move lower.
The main upper resistance remains at the 1483 region which could be tested upon a successful breakout to the upside.
