Tuesday, 16 October 2018

Gold Risks Larger Correction Amid Adjustment in Speculative Position

The recent pickup in volatility keeps the topside targets on the radar for gold as the correction appears to be accompanied by an adjustment in speculative positions.


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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...