Friday, 19 October 2018

Gold Weekly Technical Outlook: Price Rally Fizzles Ahead of Resistance

A three-week rally has gold trading just below a critical resistance range in price. Here are the targets & invalidation levels that matter on the XAU/USD weekly chart.


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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...