Tuesday, 11 September 2018

Gold Price Analysis: Precious Metal Struggles, Breakout Looms

Gold continues to have difficulty breaking back above $1,200/oz. and with retail still heavily long and silver historically cheap against gold, moving higher looks increasingly difficult.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...