Gold stays on the defensive on Wednesday, trading around $4,440 per troy ounce after snapping a three-day winning streak. The rally appears to have stalled near the $4,500 area, as a modest uptick in the US Dollar following key results from the domestic docket weighs on the precious metal. The move lower in bullion, however, appears somewhat contained by falling US Treasury yields across the curve.
Source: https://www.fxstreet.com/news/united-states-ism-services-new-orders-index-increased-to-579-in-december-from-previous-529-202601071500
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