Wednesday, 10 April 2019

Gold Price Outlook: XAU Reversal Targets Consolidation Resistance

Gold is up nearly 1.4% this week with price now targeting multi-month consolidation resistance. Here are the targets & invalidation levels that matter on the XAU charts.


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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...