Monday, 29 April 2019

Gold Price Forecast: Bearish Formations Remains in Play Ahead of FOMC

The outlook for gold remains mired by a head-and-shoulders formation, with the RSI highlighting a similar dynamic as it tracks the bearish trends from earlier this year.


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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...