Saturday, 2 February 2019

Gold Weekly Technical Outlook: Rally Eyes Resistance at 8-Month Highs

Gold rallied to eight-month highs on the back of the FOMC with price now testing Fibonacci resistance. Here are the 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...