Monday, 15 October 2018

Gold Price Analysis: Bulls in Control with Record Shorts at Risk

Last week’s equity market rout had finally reignited the safe haven demand into the precious metal, whereby gold prices saw its largest daily gain (October 11th) since the Brexit referendum.

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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...