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Gold Price Currently Lacks Any Meaningful Conviction, Volatility Lies Elsewhere

GOLD PRICE (XAU/USD), CHART, AND ANALYSIS Gold traders are watching from the sidelines as other risk assets dominate trade. ‘Encouraging’ news on Omicron lures risk-on buyers. Retail traders have increased their net-short positions.   The latest data on Omicron suggest is not as dangerous as the delta covid-19 variant, according to White House chief medical advise Dr. Anthony Fauci. According to Dr. Fauci, the preliminary data is ‘encouraging’ although more

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