Thursday, 4 October 2018

Gold Price Outlook Mired by Failure to Test August High

The string of failed attempts to test the August-high ($1225) casts a bearish outlook for gold, with the current environment likely to keep bullion under pressure.

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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...